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Showing 1 - 10 of 1036 results for "oil prices"

How will the Israel-Hamas conflict impact Australia?

CASSANDRA BALDINI  |  TUESDAY, 10 OCT 2023
... energy commodities research Vivek Dhar, said that geopolitical risk in the Middle East mainly triggers volatility in oil prices, which tend to be temporary. "It's not something that remains as a price premium for a long time. What changes that narrative ...

Bank of England holds rates at 5.25%

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
... outlined that it expects inflation to decline in the short-term, largely due to decreases in energy costs, albeit rising oil prices. Conversely, service sector inflation is projected to stay high, with potential for month-to-month variability. Twelve-month ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... bailouts, the US share market increased. "Other factors were going on as well," he said. Felsman said technology giants and oil prices also assisted the market. "Amazon Alphabet and Microsoft in particular lifted and were up 4%, which also supported ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The ASX fell 1.4% this morning following chaos at Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... more capital than ever. "The reason is the uptick in activity by SWFs, and more specifically, Gulf SWFs, pushed by oil prices; and the return of the mega-deals that were favoured over venture capital in an attempt to deploy a lot of capital, very quickly," ...

RBA set to lift the cash rate again

ANDREW MCKEAN  |  TUESDAY, 6 DEC 2022
... "Inflation is significantly above the RBA's target band and likely to increase further, notwithstanding declining oil prices and an increasing risk of global recession." "The RBA's hand is likely to be forced by increasingly aggressive tightening ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... nearly 20% since then." Plank also believed that the cut to petrol excise announced in the Budget, depending on volatile oil prices could see petrol prices drop even further in the coming weeks. This would potentially lower IE and lift consumer sentiment ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... will be cut in half, from 44 cents a litre to 22 cents a litre, for six months, with the government hopeful global oil prices will stabilise after that. There will also be a $12 billion road spend in the coming year, and to help meet cost of living pressures ...

Big spend on cost of living, defence

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... will be cut in half, from 44 cents a litre to 22 cents a litre, for six months, with the government hopeful global oil prices will stabilise after that. The fuel excise has traditionally been positioned as a tax to fund road projects and maintenance ...

Excise tax, super top budget worries

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... cents and 90 cents depending on the price of crude oil. So that way the government could smooth out the big swings in oil prices." Oliver agrees that cutting the petrol excise altogether is likely not prudent. "Cutting it is one thing but putting it ...
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