S&P/ASX 200 bounces back with a 1% gain; oil surges 2.5%
Brent crude oil prices hit US$67.30 a barrel, its highest since January 8, 2020 as U.S. government data showed a drop in crude output after a deep...
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Brent crude oil prices hit US$67.30 a barrel, its highest since January 8, 2020 as U.S. government data showed a drop in crude output after a deep...
Brent crude oil price gained 0.28% to US$65.42 a barrel, near to its highest levels since January 2020.
ASX Close: Market sinks to one-week low SubscribeBe the first with the news that moves the market The share market faded to its lowest close in a week and a half as upbeat Chinese economic data failed to offset weak leads from Wall Street and commodity markets. The S&P/ASX 200 deteriorated to a loss of 52 points or 0.78 per cent. Gains in health, technology and retail stocks were comprehensively outweighed by declines in the heavily-weighted bank and mining stocks. What moved the market Local action mirrored Friday's soft end to the week in the US ahead of a market holiday tonight. The