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The New Daily
The New Daily
Tony Sycamore

Market wrap: Crude oil price continues to climb, dragging petrol with it

Oil Petrol ASX Tesla Inc. United States Australia Interest Rates US Federal Reserve Zoom
Presuming that crude oil prices continue to climb; it won't be long before petrol prices rise again.

US stock markets eased this week into the Jackson Hole Symposium for central bankers, where Fed Speakers are expected to remain hawkish.

The ASX200 also eased ahead of Jackson Hole and, as traders digested a busy week of earnings reports from corporate Australia as it negotiates the headwinds of higher costs and higher interest rates.

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