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AAP
AAP
Business
Poppy Johnston

Aussie shares slip as brent crude hits new wartime high

United States Oil Australia Woolworths
The Australian stock market makes for unhappy viewing for investors as oil prices surge. (Dan Himbrechts/AAP PHOTOS)

The Australian bourse has continued its losing streak into its eighth-straight day as oil prices rocketed and the realities of a prolonged energy shock hit home for Woolworths and other exposed businesses.

The S&P/ASX200 finished Thursday down 21.2 points, or 0.2 per cent, to 8665.8 while the broader All Ordinaries eased 28.1 points, or 0.32 per cent, to 8887.6.

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