The Latest Breaking News on Markets

Rising crude oil prices and higher well productivity are expected to boost domestic oil production this year and beyond, creating high-growth opportunities for companies providing energy services. Amid this backdrop, it could be wise to invest in quality energy stocks Liberty Energy (LBRT), ProPetro (PUMP), and Matrix Service (MTRX) for…

The local share market has finished 0.1 per cent lower, as a monthly consumer price index report came in "bang on expectations".

Shares in Asia are mostly lower, with only Tokyo advancing, after Wall Street wheezed to more losses with its worst week in six months

The local share market has finished the week down 2.9 per cent in its worst this year, but ended the day slightly higher after recouping heavy early losses.

Asian shares are mixed after another slump on Wall Street driven by expectations for U.S. interest rates to stay high well into next year

Production cuts are aimed at preventing oversupply in the global oil market are expected to boost oil prices potentially. Moreover, the energy services industry is thriving thanks to robust demand. Hence, fundamentally sound energy stocks Schlumberger (SLB), Oceaneering International (OII), and Archrock (AROC) might be suitable additions to one’s watchlist.

Extended production cuts by major oil-producing nations and rising global oil demand have led to higher oil and pump gas prices. Thus, it could be wise to monitor leading energy stocks Archrock (AROC), Halliburton (HAL), and Newpark Resources (NR), which have been displaying solid momentum. Read more….

The Australian share market has dropped 0.46 per cent ahead of the US Federal Reserve meeting and following hotter-than-expected Canadian inflation data.

Oil price is bad news for central banks trying to tame inflation and will add to pressure to further increase interest rates