Weakened oil price will weigh on Australian energy sector

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Weakened oil price will weigh on Australian energy sector
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CommSec’s Craig James says the oil price dropped by 0.5 per cent overnight which will weigh on the energy sector in Australia.

CommSec’s Craig James says the oil price dropped by 0.5 per cent overnight which will weigh on the energy sector in Australia. Despite this, Mr James said the markets will have a “positive” opening as the Australian economy is “likely to grow” four tenths of one per cent in the March quarter.

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