Australian Shares Dip as Oil Hits Seven-Week High

ASX slides as oil prices rise; Big four banks, tech and mining stocks fall

The Australian sharemarket slipped below the 9000-mark in early trade on Tuesday as stocks were weighed down by another jump in oil prices.

ASX 200 LIVE: ASX to slip, Copper resets record high in London trading

Australian shares are set to open modestly lower, tracking weakness in Europe with US markets closed for Labor Day. Follow live.

ASX 200 Falls To Fresh Six-Week Low As Iran Tensions Push Oil Toward $100 A Barrel This Wednesday Morning

Australian shares fell to a six-week low amid Middle East tensions and rising oil prices, sparking fears of an interest rate hike. Consumer confidence also dropped, impacting retail and banking stocks.

Australian shares dip as oil hits seven-week high

Eight of 11 Australian stock exchange sectors are in the red as the Middle East war and persistent inflation keep traders on edge.

Market Open: Rising oil prices putting pressure on ASX this morning

Rising Middle East tensions are putting pressure on world markets with the ASX forecast to open lower this morning.

ASX set to edge lower as oil hits six-week high

US markets were closed on Monday for the Labor Day holiday, although equity futures pointed to a cautious start when trading resumes.Dow Jones Industrial Average futures fell 308 points, or 0.6%, while S&P 500 futures slipped 0.2%. Nasdaq 100 futures bucked the trend, edging 0.1% higher.Investors remain focused on the Iran war after the US