The Latest Breaking News on Markets

US stock market hangs near records and crude oil prices ease

Stocks are hanging near their records on Wall Street and crude oil prices eased, relieving some worries about inflation

AAP · May 27

Fired BP chair disputes oil company’s claims of poor conduct

Albert Manifold says he was removed without warning and ‘will not allow a false narrative to go unchallenged’

The Guardian - UK · May 27

Potential U.S.-Iran Deal Could Reshape Global Oil Trade After Months Of War: Report

The conflict has disrupted global energy flows, pushed oil prices higher and renewed concerns about the security of one of the world's most important shipping routes.

International Business Times · May 27

Wall Street rises toward records as US stocks catch up to the world's gains from the day before

The U.S. stock market is rising as it catches up with others around the world that climbed the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP · May 26

Wall Street catches up to the gains made by other markets around the world the day before

The U.S. stock market is rising as it catches up with others around the world that climbed the day before, when President Donald Trump said negotiations were "proceeding nicely" with Iran on ending their war

AAP · May 26

Asian And European Oil Markets Are Almost Depleted As Strait Of Hormuz Remains Closed, Strategist Says

Oil markets in Asia and Europe are almost depleted as the Strait of Hormuz remains closed, according to a veteran strategist.

International Business Times · May 26

BP removes chair Albert Manifold over ‘serious’ governance and conduct concerns

Oil company is FTSE’s biggest faller as chair departs immediately after only eight months in the role

The Guardian - UK · May 26

ASX slips after US strikes Iran but insists deal intact

Financials, utilities and energy stocks have weighed on the local bourse after tensions flared in the Persian Gulf, prompting a tentative trading session.

AAP · May 26

Tehran expresses ‘resolute support’ for Hezbollah – as it happened

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The Guardian - AU · May 25

Australian shares advance on US-Iran deal optimism

Oil prices have started the week sharply lower, boosting risk sentiment and local equities, led by miners, IT stocks and consumer discretionaries.

AAP · May 25