Oil Crashes 11%: Sell Woodside and Santos Now?
Oil plunged 11% overnight after Donald Trump posted on Truth Social, claiming "productive talks" with Iran and announcing a 5-day pause on energy infrastructure strikes. Brent crude fell from US$113 to US$100 in minutes. On the ASX yesterday, Santos (ASX: STO) dropped 2.7%, and Karoon Energy (ASX:…
Energy Stocks
Investors looking for somewhere, anywhere, to hide during the Iran war may think Ampol shares are a safe haven. After all, it's a petrol provider for crying out loud, isn't it making hay while the sun doesn't shine for everyone else?! Investors think so given it is up nearly 20% in less than a month.
It…
Ampol got a boost, but the stock may already be priced in
Ampol (ASX: ALD) closed Friday at A$33.11, up 0.42% on the day, after two pieces of good news landed together. The government lifted its Fuel Security Services Payment collar from 6.4 to 10.0 cents per litre, and Ampol's Lytton refinery in Queensland had…
ASX Energy Stocks: Best Buys at $110 Oil
Oil is sitting at above US$110 a barrel. Tensions in the Middle East are running hot, the Strait of Hormuz is under threat, and ASX energy stocks are surging across the board. On the surface, it looks like a straightforward opportunity. Buy energy, ride the rally.
But…
Boss Energy Falls Despite Uranium Upgrade
Boss Energy (ASX: BOE) fell 6.75% to A$1.52 on Thursday, and the timing looks puzzling at first glance. The company had just released a genuinely positive resource update, confirming a 30% increase in contained uranium at its Gould's Dam satellite deposit to 33.1 million pounds, plus a 9% upgrade…
Woodside backs continuity as Scarborough nears first gas
Woodside Energy (ASX: WDS) confirmed Liz Westcott as permanent Chief Executive Officer on 18 March 2026, ending three months of uncertainty after former CEO Meg O'Neill departed for BP. The market barely flinched, with shares rising less than 1% to around A$31.44. That muted reaction tells its…
ASX stocks now face rising inflation risks
Something uncomfortable is happening in global markets right now. Oil prices have surged from around US$70 to above US$100 a barrel, touching US$103 at Friday's close, after the US-Israel war with Iran effectively shut down the Strait of Hormuz, the narrow waterway that carries roughly one-fifth of the…
In a couple of weeks, some ASX Stocks Are Being Removed from the ASX All Ords. Other companies will take their place and it was only yesterday that we wrote about that fact and some of the companies being promoted. But today it is time to look at the stocks suffering the indignity of being…
Oil just delivered one of its most dramatic reversals in years. Brent crude surged to an intraday high of US$119.50 on March 9 as US and Israeli strikes on Iran triggered fears of a prolonged Strait of Hormuz shutdown. Within 48 hours, prices had pulled back to around US$91 after President Trump signalled the Iran…
Beach Energy Rises on Moomba Deal- Is It a Buy Now?
Beach Energy (ASX: BPT) spiked as much as 5% at Tuesday's open before pulling back to close up 1.3% at A$1.16, after the company announced a final investment decision on the A$250 million Moomba Central Optimisation project alongside joint venture partner Santos. The upgrade…
