S&P/ASX 200 Index shares are down 2.2% over 12 months.
Michael Gable from Fairmont Equities reveals new ratings on three ASX 200 stocks.
We turned bullish on crude oil before the war in Iran due to a looming imbalance between supply and demand.
Crude oil prices are likely to move higher in the absence of a peaceful and sustained resolution in the Middle East.
Fiscal year 2026 operating revenue increased 31 per cent on the earlier corresponding period.
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S&P/ASX 200 Index shares are down 2.2% over 12 months. The Woodside share price is up 35% over 12 months.
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The article, shortened and in plain language
S&P/ASX 200 Index shares are down 2.2% over 12 months.
Last week, the benchmark index fell to a 15-week low amid expectations of an interest rate hike tomorrow.
Some experts say a fifth rate hike for 2026 may be needed in November to sufficiently quell inflation.
Michael Gable from Fairmont Equities reveals new ratings on three ASX 200 stocks.
The Woodside share price is up 35% over 12 months.
Gable has a buy rating on this ASX 200 energy share.
We turned bullish on crude oil before the war in Iran due to a looming imbalance between supply and demand.
The war has interrupted supplies, which has led to higher prices. Crude oil prices are likely to move higher in the absence of a peaceful and sustained resolution in the Middle East.
As the largest energy stock on the ASX, buying support should continue to grow for WDS.
Fiscal year 2026 operating revenue increased 31 per cent on the earlier corresponding period.
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The Motley Fool AustraliaBuy, hold, sell: Xero, South32, Woodside sharesplain
The Motley Fool AustraliaBuy, hold, sell: CBA, BHP, CSL sharesplain
The Motley Fool AustraliaShould I buy CBA shares in October?plain
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