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Thursday: Aussie dollar strengthens

The International Energy Agency releases a record 400 million barrels, but oil is back up 5% as the Middle East conflict deepens. US core inflation f…

2 weeks ago

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Wednesday: Oil slumps on stockpile hopes

The oil price slumps back towards US$80, and stocks rise, as traders bet on stockpiles being released. Australian consumers expect higher inflation d…

2 weeks, 1 day ago

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Tuesday: Oil off highs after G7 reassures
Tuesday: Oil off highs after G7 reassures

Oil prices slid back to US$100/barrel overnight after the G7 said it’s ready to release reserves. China’s consumer price inflation rose in February, …

2 weeks, 2 days ago

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Monday: US$100/barrel beckons in second week of Iran war
Monday: US$100/barrel beckons in second week of Iran war

Oil and fuel prices are expected to surge again today as US and Israeli strikes on Iran extend into a second week, and as Iran ramps up strikes on oi…

2 weeks, 3 days ago

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Friday: Traders look to OPEC for oil clues
Friday: Traders look to OPEC for oil clues

Oil prices and jet fuel prices rise as traders look to OPEC for guidance. China sets its lowest growth target since 1991. And Australian household sp…

2 weeks, 6 days ago

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Thursday: Australia's economy grows strongly
Thursday: Australia's economy grows strongly

The oil price holds overnight on hopes for a resolution to the Iran conflict which were later denied. Korea’s stock exchange plummets on energy cost …

3 weeks ago

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Wednesday: RBA's Bullock says March call 'live'
Wednesday: RBA's Bullock says March call 'live'

Oil rises further and US stocks drop as markets fear a longer Middle East conflict and higher inflation. ANZ Research has upgraded its forecast for Q…

3 weeks, 1 day ago

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Tuesday: Gas prices up 50% in Europe
Tuesday: Gas prices up 50% in Europe

Gas prices jump 50% in Europe after Iranian drone strikes force Qatar to close the world’s largest LNG export facility. Oil prices are up 6% with the…

3 weeks, 2 days ago

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Monday: Iran retaliation hits oil tanker traffic
Monday: Iran retaliation hits oil tanker traffic

The US and Israel bomb Iran and kill its supreme leader. Iran lashes back, rocketing targets throughout the Middle East and importantly for oil marke…

3 weeks, 3 days ago

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Friday: ANZ Research now sees RBA hike in May
Friday: ANZ Research now sees RBA hike in May

ANZ Research updated its Reserve Bank of Australia call to another rate hike in May, following strong January inflation. Red flags are emerging on Ne…

3 weeks, 6 days ago

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