Bourse drops as Iraq tanker attack and Omani port threat spark oil surge; ANZ and CBA tip March rate rise; UBS upgrades aluminium, coal forecasts; IperionX losses widen. Follow live.
The market rollercoaster continues, wiping another $35 billion off the ASX in a broad sell-off as oil prices spiked again above $US100 a barrel.
Traders wiped $40bn from the local market on Thursday, off the back of surging oil prices and fears of a potential rate hike.
The ASX defies global anxieties to scamble back to marginal gain, aided by boom oil stocks, while banks tumbled ...
The oil rally could boost ASX 200 energy giants Woodside and Santos today. The post Oil surges 10% overnight. Here are 2 ASX 200 stocks to watch today appeared first on The Motley Fool Australia.
The ASX 200 capped off another day of wary gains as confusion continues to reign over the fate of shipping through the Strait ...
Australian stocks rebounded as falling oil prices eased inflation fears and supported gains in mining and banking shares, but the ASX 200 remains below key resistance.
Oil panic rattled markets again as crude jumped, knocking the ASX down as energy and coal stocks enjoyed the chaos.
After a recent rally, what do experts say about these 2 ASX energy shares? The post Can these 2 red hot ASX energy stocks keep rising? appeared first on The Motley Fool Australia.