Flooding the market
OPEC+ Tensions Threaten Oil Price Stability as Saudi Arabia Signals Supply Surge Supporting the global disinflationary trend has been a big drop in the oil price, which has pushed energy costs lower. There are two factors behind this. The US has become the global leader in oil production which has climbed to around 13.5 million barrels […]
Wall Street Rallies on Softer Inflation as Commodities Retreat
Good morning, A benign read on US inflation and data pointing to a slowing economy was all Wall Street needed on Friday to close mainly in the green, with the Dow Jones having the best daily gain this year. Investors are joining the “dots on inflation” and lowering the downward trend. The annual headline and […]
A new beast
Woodside Energy (ASX: WDS) Woodside Energy (Woodside) has reported its operational numbers for 2022 and for the first time included the annual numbers for BHP Petroleum. The change is profound, with comparatives for the year reflecting this and supports our belief the acquisition is a major game changer for Woodside. Certainly, records fell in […]
