The Latest Breaking News on Markets

Move by world’s largest producers likely to unsettle western nations grappling with inflation

Australians hitting the road this Easter are likely to be spared any immediate hit from a bid by the global oil cartel to boost sagging prices.

Oil prices have soared more than 5% after Saudi Arabia and other major oil producers said they will cut production by 1.15 million barrels per day from May until the end of the year

OPEC+ announced an unexpected production cut that will likely give a further boost to oil prices bouncing off their recent lows

Australian shares rise to their highest level in three weeks, while oil prices surge after a surprise decision by Saudi Arabia and OPEC nations to cut production by more than 1 million barrels per day, and Scott's Refrigerated Logistics is now in liquidation.

OPEC+ announced a surprise oil production cut of more than 1 million barrels a day, abandoning previous assurances that it would hold supply steady and posing a new risk for the global economy.

With apologies to John Lennon and the Plastic Ono Band for the title of the article on VXN and QQQ puts.

OPEC+ announced a surprise oil production cut that will exceed 1 million barrels a day, abandoning previous assurances that it would hold supply steady to maintain a stable market.

There is a time honored theory that the stock market (SPY) is quite like a helium balloon. Discover what that means for what stocks are doing now and in the months ahead. Read on below for the full story….

Although fears of an economic downturn have considerably heightened, constrained oil supply and increased demand for oil and gas could create a sustained tailwind for the energy sector. Given this backdrop, the strong fundamentals of Cheniere Energy Partners (CQP) and CrossAmerica Partners (CAPL) might make them ideal buys now. Read…

Global stocks have risen after anxiety about the global financial system began to fade following three high-profile bank failures