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ASX 200 drops 1.1%


6,607 points.
Over in US political news, it seems the US Democratic Party is poised to win the US senate with wins in Georgia.
Here are some of the highlights from the ASX:
Oil rises
The oil price rose after it was reported that Saudi Arabia is going to cut oil production. According to reporting by various media, such as the
Australian Financial Review, Saudi Arabia is going to cut 1 million barrels of oil a day of production.
This caused the oil price to rise by around 5% to a 10-month high because the global oil market will receive less supply than what was expected. ....

Saudi-arabia , Australia , Georgia , United-states , New-zealand , Pilbara , Western-australia , Australian , Scott-phillips , Oil-search-ltd , Bravura-solutions-ltd , Oil-search

Aussie dollar breaking to new 30-month high will boost these ASX stocks

Aussie dollar breaking to new 30-month high will boost these ASX stocks
fool.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com.au Daily Mail and Mail on Sunday newspapers.

China , Australia , Aussie , Australian , Harvey-norman , Scott-phillips , Investments-limited , Super-retail-group-ltd , Bapcor-ltd , Harvey-norman-holdings-limited , Wesfarmers-ltd , Adairs-ltd