ASX Surges on Iran Hopes: What Investors Do Now
Wednesday's 1.85% rally already feels like a distant memory as the market grapples with a harsh reality check. The ASX surged after US President Donald Trump announced a five-day pause on military strikes against Iranian energy infrastructure, raising hopes the four-week-old Middle East war could be…
Energy Stocks
Rio Tinto Boyne Deal: 2 ASX Stocks to Watch
Rio Tinto (ASX: RIO) has struck a landmark deal with the Queensland and Commonwealth governments to secure the long-term future of the Boyne aluminium smelter in Gladstone. The Queensland and Commonwealth governments will each chip in A$1 billion over ten years, while Rio Tinto will underwrite…
Amplitude Energy (ASX: AEL) crashed over 40% this morning after a second consecutive drilling failure on Wednesday, confirming that its Isabella prospect in the offshore Otway Basin will not be commercially developed after flow testing revealed the reservoir cannot sustain production at viable rates. The plunge erased roughly A$500m in shareholder value in roughly an…
It is easy to think the Impact of The Iran War is simply businesses in the oil space or that use oil in their operations (for instance freight businesses). Or by extension, companies in the 'consumer discretionary' space that find due to higher energy prices (and interest rates), that their goods are more discretionary than…
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:…
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…
