AM 09 Oct 26: Oil soars. What’s behind the latest spike?

Oil prices surged overnight, but what’s behind the latest spike? Wall Street retreated as a sell-off in heavyweight tech and chip stocks added to the pressure from rising oil prices, while the ASX is poised for a slightly stronger open. Plus, why more Australians are making voluntary contributions to their superannuation. Join James Tao, Equity Market Commentator and Gillian Bowen, Head of Media and Markets at CommSec, as they take you through all the key numbers. Check out our Market News page Follow us on: Instagram LinkedIn YouTube TikTok The content in this podcast is prepared, approved and distributed in Australia by Commonwealth Securities Limited ABN 60 067 254 399 AFSL 238814. The information does not take into account your objectives, financial situation or needs. Consider the appropriateness of the information before acting and if necessary, seek appropriate professional advice. See omnystudio.com/listener for privacy information.