BPT 1.15% $2.57 beach energy limited

U.S. oil prices dropped 2% on Wednesday after Bloomberg News...

  1. 2,784 Posts.
    lightbulb Created with Sketch. 60
    U.S. oil prices dropped 2% on Wednesday after Bloomberg News reported that President Donald Trump discussed easing sanctions on Iran in order to reopen negotiations.

    It's unfortunate that a commodity, such as oil, should rise or fall on rumours. Complete BS that just because John Bolton is sacked it becomes a signal that Trump will somehow go easy on Iran. If he does he is going to look like a complete numpty.

    On the other hand it suits Trump for a rumour like this to get out as it keeps the POO in check.

    Hard to figure out what is fact and what is fiction sometimes.

    So here is a prediction POO has dropped but I expected that the fundamentals will kick back in and it will rise again over the next day or so. These things that are reported are too convenient sometimes.

    Anyhow I could be wrong so let's see what happens in the next 24 - 48 hours while all the rabbits come out of their holes after hearing the gunshot.

    Cheers
    BW
 
watchlist Created with Sketch. Add BPT (ASX) to my watchlist
(20min delay)
Last
$2.57
Change
-0.030(1.15%)
Mkt cap ! $5.856B
Open High Low Value Volume
$2.62 $2.67 $2.57 $98.57M 38.17M

Buyers (Bids)

No. Vol. Price($)
5 2174337 $2.56
 

Sellers (Offers)

Price($) Vol. No.
$2.57 707 1
View Market Depth
Last update - 16.10pm 20/09/2019 (20 minute delay) ?
(live)
Last
$2.57
  Change
-0.030 ( 0.90 %)
Open High Low Volume
$2.61 $2.67 $2.57 5132060
Last updated 16.10pm 20/09/2019 (live) ?
BPT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.