Business
ASX down 0.3% ahead of RBA; Miners and Woolies offer resistance – The Sydney Morning Herald
The ASX200 shed as much as 0.6 per cent this morning but has since improved. US futures were pointing to losses on Wall Street tonight.
Brent oil advanced above $US70 a barrel after the OPEC+ alliance forecast a tightening global market ahead of a production policy meeting.
The ASX-200 listed energy sector was also higher, rising a collective 1.1 per cent to outperform a wider 0.3 per cent market slump.
Woodside Petroleum rose 1.4 per cent to $22.11, Santos gained 1.6 per cent to $6.88, Oil Search was 1.4 per cent ahead at $3.69, Origin Energy climbed 0.3 per cent to $3.98, and Ampol gained 1.2 per cent to $28.88.
Oil prices are…
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