Which 'oil' are you looking at "ripping"?
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What "oil" do you think I'm talking about? Cooking oil?
Is oil priced in AUD? Serious question.
Me too. Eventually we'll be forced too I guess.
Its pretty much all the same to me. I have a small amount in VDE (Vanguard's Energy ETF) and my two dividend funds are both 10 per cent energy each (VYM and VYMI).
Energy was the best sector overnight by a long way.
https://www.cnbc.com/2023/08/03/oil-...downgrade.html
"Oil prices gained about 2% on Thursday as Saudi Arabia and Russia took steps to keep supplies tight into September and possibly beyond.
Brent futures rose $1.94, or 2.3%, to settle at $85.14 a barrel, while U.S. West Texas Intermediate crude rose $2.06, or 2.6%, to settle at $81.55."