MARKETS

OPEC+ cuts hit today

THE OPEC+ production cuts of 9.7 million barrels per day will hit overnight, temporarily giving some optimism to oil markets but not solving the glut currently building in the US, or globally.

Helen Clark

The Australian Securities Exchange closed on a high yesterday with the energy sector rising 7.5% to 7337 points, clawing back some of the territory lost this year, though it down over 4% in afternoon trade...

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