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Australia markets closed
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • AUD/USD

    0.6425
    -0.0000 (-0.01%)
     
  • OIL

    83.53
    +0.80 (+0.97%)
     
  • GOLD

    2,410.90
    +12.90 (+0.54%)
     
  • Bitcoin AUD

    100,544.63
    +2,290.80 (+2.33%)
     
  • CMC Crypto 200

    1,379.58
    +66.96 (+5.10%)
     
  • AUD/EUR

    0.6027
    -0.0003 (-0.06%)
     
  • AUD/NZD

    1.0900
    +0.0025 (+0.23%)
     
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NASDAQ

    17,175.14
    -219.17 (-1.26%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    38,070.56
    +295.18 (+0.78%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

Is a Further Fall in Oil Inevitable?

On November 16, 2017, US crude oil (USO) (USL) January futures fell 0.3% and closed at $55.35 per barrel.