Live: ASX is set top open lower as price of oil drops
The Australian share market is anticipated to open lower due to a decline in oil prices. Oil has dropped to $US95 a barrel, contributing to the mixed results seen on Wall Street. Investors are advised to stay updated with financial news as the market opens.
- ▪The ASX is set to open lower in morning trading.
- ▪The price of oil has decreased to $US95 a barrel.
- ▪Mixed results from Wall Street are influencing the market outlook.
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ASX is set top open lower as price of oil drops to $US95 a barrel, live updatesBy business reporter Adelaide MillerTopic:Stock MarketThu 28 May 2026 at 7:26amThu 28 May 2026 at 7:26amThu 28 May 2026 at 7:26amabc.net.au/news/asx-markets-business-news-live-updates-thursday-28-may/106730526Link copiedShareShare articleThe Australian share market is set to open lower in morning trading following mixed results from Wall Street.Meanwhile, the price of oil has dropped to $US95 a barrel.Follow the day's financial news and insights from our specialist business reporters on our live blog.Disclaimer: this blog is not intended as investment advice.Live MomentReactWe're going live shortly on this story.Posted Thu 28 May 2026 at 7:26amThu 28 May 2026 at 7:26amThu 28 May 2026 at 7:26amShare optionsCopy…
Excerpt limited to ~120 words for fair-use compliance. The full article is at ABC News (Australia).