Oil Price

Why Global markets are in freefall as the ASX prepares today for tough outlook

Finfeed Archived Apr 22, 2020

The last 24 hours has featured a sea of red ink right across global market and Australia hasn’t avoided the carnage with the S&P/ASX 200 (ASX:XJO) plunging 2.5% or 132 points to close at 5221 points.

West Texas oil plunges more than 300%, Dow crashes 590 points

Finfeed Archived Apr 21, 2020

The ASX had one of its worst days in the last month on Monday with the S&P/ASX 200 index plunging 134 points or 2.5% to close at 5353 points. Central to the fall was negative sentiment towards the energy sector, a factor that is likely to continue to weigh on the market on Tuesday.

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