Crude Oil Dec’22 Futures ($US/barrel) - Market Matters

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07/11/2022

Crude Oil Dec’22 Futures ($US/barrel)

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Afternoon report 19/05/2026

The Match Out: ASX bounces as the Middle East tone softens and buyers return

The ASX bounced strongly today, recovering most of yesterday’s selloff as oil prices pulled back and fears of an imminent escalation in the Middle East eased slightly. A modest improvement in the tone around negotiations was enough to spark a rebound in risk appetite with the market opening firmer and consolidating through the session.

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