The big oil bet: will prices double?
Investors are buying contracts that will only pay out if crude rises well above $US100 a barrel over the next four years - a clear sign some believe today's bust is sowing the seeds of the next boom..
Stock Ticker
- AGL AGL ENERGY LIMITED. 0.74%
- AIO ASCIANO LIMITED -0.11%
- AMC AMCOR LIMITED -2.36%
- AMP AMP LIMITED -0.73%
- ANZ AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED -0.86%
- APA APA GROUP 0.11%
- ASX ASX LIMITED -0.75%
- AZJ AURIZON HOLDINGS LIMITED -0.44%
- BHP BHP BILLITON LIMITED -4.13%
- BXB BRAMBLES LIMITED -0.32%
- CBA COMMONWEALTH BANK OF AUSTRALIA. -1.06%
- CCL COCA-COLA AMATIL LIMITED -0.34%
- CPU COMPUTERSHARE LIMITED. -2.02%
- CSL CSL LIMITED -1.08%
- CTX CALTEX AUSTRALIA LIMITED 2.20%
- DXS DEXUS PROPERTY GROUP -0.22%
- GMG GOODMAN GROUP -0.41%
- GPT GPT GROUP -0.55%
- IAG INSURANCE AUSTRALIA GROUP LIMITED -0.52%
- IPL INCITEC PIVOT LIMITED 0.00%
- JHX JAMES HARDIE INDUSTRIES PLC -1.41%
- LLC LENDLEASE GROUP -1.24%
- MGR MIRVAC GROUP -1.24%
- MPL MEDIBANK PRIVATE LIMITED -0.31%
- MQG MACQUARIE GROUP LIMITED -0.98%
- NAB NATIONAL AUSTRALIA BANK LIMITED -1.29%
- NCM NEWCREST MINING LIMITED 1.23%
- ORG ORIGIN ENERGY LIMITED -2.33%
- ORI ORICA LIMITED -2.06%
- OSH OIL SEARCH LIMITED -1.71%
- QAN QANTAS AIRWAYS LIMITED -0.33%
- QBE QBE INSURANCE GROUP LIMITED -1.16%
- RHC RAMSAY HEALTH CARE LIMITED -0.60%
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- SCG SCENTRE GROUP 0.00%
- SEK SEEK LIMITED 0.57%
- SGP STOCKLAND -1.47%
- SHL SONIC HEALTHCARE LIMITED 0.32%
- STO SANTOS LIMITED -1.87%
- SUN SUNCORP GROUP LIMITED -0.72%
- SYD SYDNEY AIRPORT 0.28%
- TCL TRANSURBAN GROUP 0.08%
- TLS TELSTRA CORPORATION LIMITED. -0.18%
- VCX VICINITY CENTRES 0.00%
- WBC WESTPAC BANKING CORPORATION -1.25%
- WES WESFARMERS LIMITED -0.36%
- WFD WESTFIELD CORPORATION -1.21%
- WOW WOOLWORTHS LIMITED -0.87%
- WPL WOODSIDE PETROLEUM LIMITED -1.28%
Key Stories
Alarm bells ringing for super
It's time to protect people from their self-managed financial demise.
Telstra customers hit by new major outage
Seventy-five thousand Telstra customers across the country experienced network outages on Saturday.
Trump's loose lips causing pain
Crisis management gets a work out during Trump's presidential bid
Copper's fall bodes ill for world economy
Dr. Copper's health has taken a turn for the worse.
Guvera's pre-IPO pitch was false
AMMA Private Equity, the outfit behind IPO hopeful Guvera, misled early stage investors.
How Aldi killed its rivals' private labels
When Brad Banducci called time on Woolworths' Select private label range this week, the supermarket giant's boss put a one-time cash cow permanently out to pasture.
- Markets Bill Gross warns of market 'supernova'
- Consumer Affairs Uber a 'ticking time bomb'
- Markets Global stocks, oil sink on Brexit fears
- World business The lunch that will set you back $4.7m
- World business Tesla: Lost wheel just the first surprise
Market Indices
Last updated: June 11, 2016 - 7:15AM
Last updated: June 11, 2016 - 7:15AM
Last updated: June 11, 2016 - 7:15AM
Last updated: June 11, 2016 - 7:15AM
Advertisement
Trouble on the horizon for self-managed super funds
Few rules, little protection and big pots of money. Is it time to put the leash on super?
In Depth
Six things to tell your kids about money
While they might not care today who is putting money into the family bank account, one day, they might might be glad we talked about it.
'What are Americans thinking?'
The one question being thrown at US company executives around the world is: Can Donald Trump really become president?
The lunch that will set you back $4.7m
Getting the undivided attention of the world's most legendary investor over a steak doesn't come cheap.
Workplace
16 things you shouldn't say in pay negotiations
You secured the interview, brought your A game, and landed the job. Now comes the hard part.
21 time-saving tricks that can save you hours
You can tweak daily behaviours - even just slightly - to free up lots of extra time during the week.
Markets
Why low rates failed to spur business investment
One of the great mysteries of the world's grinding recovery from the ravages of the global financial crisis is why ultra-low interest rates have not fired up business investment.
Yahoo attracts $US5b bids from Dan Gilbert, AT&T;
Dan Gilbert, the founder of Quicken Loans, and AT&T; each bid about US$5 billion for Yahoo's core business, patents and real estate assets.
Global equities, oil lower on Brexit risk
Global stocks posted their steepest drop in four months, the US dollar rallied, and bond yields slid to record lows, as investors braced for turbulence.
- Goldman names its top US stock buys
- Bonds retain high demand amid rising risks
- Two US rate rises forecast, timing remains unclear
- Rising LME inventories turn copper outlook bearish
- BHP falls on Samarco accusations
- ASX ends week on a gloomy note
- Markets Live: Week ends on a low
- Brexit: Europe stocks could tank
Emerging market currency support curbs bonds
Search Quotes & Charts
The Economy
RBA won't generate another economic boom
Households needed a bit more help, and they got it. But the RBA is waiting to see if more is needed.
The policy failure that costs us most
The election circus rolls on, while both parties carefully avoid the problem that will become an ever-greater drag on the nation's future.
Retail
Zara's Australian sales, profits soar
Spanish clothing giant Zara has generated sales of $222 million over one year in Australia, sending profits soaring and rewarding itself with $55 million in dividends.
Big-Brother Pizza: Domino's is watching you
Checking the progress online of your takeaway pizza is so 2006. Now you're being tracked, too.
Banking & Finance
Trouble on horizon as SMSFs boom
Few rules, little protection and big pots of money. Is it time to put the leash on super?
Cold shoulder for Guvera backer
The private equity industry has distanced itself from AMMA Private Equity, the outfit behind the $1.3 billion planned listing of Guvera.
Mining & Resources
Rising LME inventories turn copper outlook bearish
After a brief rally this year, evidence is piling up that copper prices are going to head lower.
BHP falls on Samarco accusations
BHP Billiton shares fell on Friday as Brazilian police accused the mining giant's Samarco joint venture of prioritising production over safety.
World Business
'What are Americans thinking?'
The one question being thrown at American executives around the world is: Can Donald Trump really become president?
How to fend off Trump's Oreos attack
As the US election campaign rages on, the wildcard candidate attacks companies from biscuits maker Mondelez to Ford, Apple and Amazon, calling for boycotts and sending down their shares. Their hands are tied.
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Consumer Affairs
Blitz on dangerous children's toys net $30,000 in fines
An archery bow and arrow set, a pink and orange flashing turtle and a wind up monster toy are among a slew of dangerous children's toys which have netted more than $30,000 in fines and court costs.
It costs $4.20 a week to power Pia's car
And she's not the only one reaping the benefits of new technology.
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Property Focus
Brutalism no obstacle for Woods Bagot fit-out
Woods Bagot had been in its Southbank office for 10 years. While the view of the Yarra from the building's domed ceiling was impressive, the office required updating.
Vending machines are the new retail frontier
Lovers of Moët & Chandon champagne will soon be able to have their own AbFab​ moment, with plans advanced to have a vending machine full of bubbles in Australia.
OECD warns of Aussie property demise
The Organisation for Economic Co-operation and Development sees a 'dramatic and destabilising' end to Australia's property boom.
Macquarie Park looks to new developments
Illawarra land sales tipped to exceed $50m
Industrial property is seen as one offering substantial growth which has triggered the sale of seven sites in Illawarra, with an anticipated combined value of at least $50 million.
Executive Style
The Greynaissance is upon us
Move over millennials, we're in the midst of a glorious Greynaissance.
Money
Hybrid issues in favour despite traps
Hybrid issues for the banks are flying off the shelves once again, but there are downsides for investors.
Global clamour for Dinky die-cast toys
Trading in Dinky die-cast toys operates pretty much like any other stockmarket, except on a smaller scale. 1:48 scale in most cases.
Small Business
The bright spot in the economy?
Small business owners want creative solutions to the challenges they face.
Being busy: a blessing or a curse?
Recent research indicates all this busyness may not be such a bad thing after all.
Business Video
0% interest rates: what would it mean for Australia?
The Reserve Bank of Australia is expected to further lower the interest rate over the next eighteen months. With inflation unlikely to bounce back, what would be the impact of a 0% cash rate?
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Comment & Analysis
RBA won't generate another economic boom
Contains:
total comments7
This article contains a video.
Alarm bells ringing for super
Contains:
The policy failure that costs us most
Contains:
total comments57
This article contains a video.