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AAP
AAP
Business
Adrian Black

Aussie shares flat as oil swings on US-Venezuela coup

Oil prices are in focus after the US deposed Nicolas Maduro and moved to take over Venezuela's oil. (Joel Carrett/AAP PHOTOS)

Strong commodity prices have helped balance Australia's stock market despite fossil fuels dipping as investors weigh the capture of Venezuelan President Nicolas Maduro by US special forces.

The S&P/ASX200 edged 0.8 points higher on Monday, up 0.01 per cent to 8,728.6, while the broader All Ordinaries fell 1.9 points, or 0.02 per cent, to 9,034.7.

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