Stay updated with breaking news from Sydney based roc. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Macquarie trumps fresh Roc bid for Vitalharvest afr.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from afr.com Daily Mail and Mail on Sunday newspapers.
Tech stocks drag ASX to 1.1 per cent loss Save Share William McInnes Oil traders have been buying up call options for Brent crude at $US100 a barrel, betting the economic recovery and a supply shortfall could push the price of oil to its highest level in more than six years. Driven by record levels of stimulus and the global economic recovery, crude has been a particularly strong performer, with producers keeping supplies on the sideline to inflate margins amid subdued demand. On Tuesday, the price of Brent dipped 0.8 per cent to $US67.77 a barrel, but derivatives traders are betting the price could begin to climb closer to $US90, or even $US100, a barrel in the next few months. However, a rally to triple digits is far from the consensus view. ....