The Latest Breaking News on Markets

The ASX200 has finished 0.4 per cent higher after US inflation eased in May, even as the Federal Reserve predicted just one rate cut in 2024.

The world is likely to have a major surplus of oil by 2030 as production is ramped up while the clean energy transition tempers demand, the International Energy Agency said Wednesday.

Oil giant Saudi Aramco said Sunday that international investors had snatched up the bulk of shares sold in its latest offering, which was set to raise $11.2 billion.

The energy sector is poised to witness steady growth amid growing demand and possible supply cuts. In such a scenario, let’s analyze the potential of two key players in this space, Exxon Mobil (XOM) and Chevron (CVX). Read on….

Asian stocks are mixed after a steady day on Wall Street as markets anticipate key U.S. jobs data to be revealed later in the day

The ASX200 climbed 0.5 per cent on Friday to finish the week up 2.1 per cent, its best weekly performance since mid-December.

The energy sector is growing significantly due to rising oil prices, high global demand, limited supplies, geopolitical tensions, technological progress, and expected easing of monetary policies this year. Therefore, it may be wise to consider buying fundamentally strong energy stocks Newpark Resources (NR), Unit (UNTC), and MV Oil (MVO), which…

Asian shares are mixed as investors weighed data highlighting a slowing U.S. economy that offers both upsides and downsides for Wall Street

Asian shares have retreated after a report showed that U.S. manufacturing contracted in May