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Live: ASX to fall as price of oil rises

Read the original at ABC News (AU) ↗
Cite

Miller, A. (2026, November 11). Live: ASX to fall as price of oil rises. ABC News (AU). https://www.abc.net.au/news/2026-11-12/asx-markets-business-news-live-updates-thursday-12-november/107374826

Dated from the outlet's own feed. Check the original for its byline.

ABC News (AU) · collected 2026-11-11 · by Adelaide Miller

Quick Summary

The article reports that the Australian share market is expected to open lower on Thursday morning, with ASX 200 futures pointing down by -0.5% to 9,148 points. This follows gains on Wall Street where the Nasdaq Composite rallied nearly 2%. Additionally, oil prices are rising again, trading at $US92 a barrel. The article provides live updates and financial snapshots but emphasizes that it is not intended as investment advice.
Written by AI on 2026-11-11, from this article's own text only (the story summary below draws on all the coverage).

AI analysis

Story summary

The Australian share market is set to open lower on 2026-11-11 following gains on Wall Street, with ASX futures down by -0.5% at 9,148 points as of around 7:10am AEDT. The price of oil has also risen to $US92 a barrel. Meanwhile, the Australian dollar is slightly weaker against the US dollar at 68.49 US cents, and iron ore prices have dipped by -0.6% to $US92.00 per tonne. This downturn in the ASX comes after positive performance seen in other major markets like the Nasdaq Composite, which rallied nearly 2%, and European indices such as the Dax, FTSE, and Eurostoxx600 showing gains of +1.2%, +0.8%, and +0.7% respectively.

Written for “ASX Expected To Fall Due To Rising Oil Prices” on 2026-11-12, grounded in this article and the 0 other(s) covering the same event.
Why this leaning score
This article does not take a side on a contested political question, so it has no leaning score. That is an answer rather than a gap: a match report or a rescue can be warmly or critically written without being left or right, and scoring it anyway is how approval of a subject gets recorded as a political position.
No political leaning scored for article 146033 · logged 2026-11-12

Story

ASX Expected To Fall Due To Rising Oil Prices
Economy/Business · 1 article(s) covering the same event.

Compared with similar articles

This article reads unscored and hedges 0% of its claims. Each row says how that neighbour differs.
ASX set to jump as Wall Street rallies; Nvidia tumbles amid ‘Chinese spy’ probe; Oil falls Different event
The Sydney Morning Herald
Hedges 5 of 32 claims Outlet record 61/100
“The articles describe different market conditions on separate dates.”
ASX set to fall, AI stocks drive Wall Street higher Different event
The Sydney Morning Herald
Hedges 4 of 39 claims Outlet record 61/100
“While both articles discuss the ASX's expected decline and mention Wall Street's performance, they differ in emphasis with Article B also highlighting rising oil prices.”
Live: Wall Street retreats as hot inflation shortens odds of a rate hike, ASX set to slide Different event
ABC News (AU)
Hedges 0 of 9 claims Outlet record 67/100
“The articles describe different days and focus on distinct market conditions, with Article A discussing inflation's impact on Wall Street retreats and ASX set to slide, while Article B talks about ASX falling due to rising oil prices.”
How this article was measured signals, leaning charts, publisher record, byline, topics and claims

Signals How these are calculated →

Claims extracted
10
sentences that state something as happening or true
Uncertain
0%
0 of 10 hedged ("reportedly", "may", "according to")
Leaning
not political
takes no side on a contested political question
Publisher signals
67/100
ABC News (AU)'s corrections and hedging, across everything collected from it. Not a measure of accuracy.
Outlets on this story
1
Economy/Business
Same framing elsewhere
1
articles that frame the event the way this one does
Analyzed 2026-11-11 · how these are computed

How this is being covered How these are calculated →

Article leaning vs. publisher reliability
Source leaning vs. consistency

Publisher

ABC News (AU) · 5423 article(s) · 11 correction(s) detected
Running correction rate · 11 correction(s)
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Who wrote this

Adelaide Miller
15 article(s) here · 1 carrying a prediction
ASX to fall after gains on Wall St, price of oil starts to rise again The Australian share market is set to open lower when it opens after gains on Wall Street.
2026-11-11 · assertive framing · Live: ASX to fall as price of oil rises
Savers with billions of dollars in Australian banks could be missing out on the benefit of rising cash interest rates as a result of onerous account conditions or because they have not opted for the right type of savings product.
2026-10-31 · assertive framing · Banks sitting on billions in savers' money as interest rates rise
The changes include the introduction of payday super, a ban on debit and credit surcharges, an increase to minimum and award wages, and reforms to how trusts will be taxed.
2026-10-26 · assertive framing · Economic pain collides with regulatory changes for small businesses
ASX set to fall as US tech stocks tumble, oil hits five-month high The ASX is set to fall after US tech stocks tumbled, led by Meta, as its plans to ramp up AI spending fuelled doubts about whether the investment will pay off.
2026-10-22 · assertive framing · ASX to fall, US tech rout rattles markets
live Live updates: ASX set to drop, Wall Street closes down as higher US inflation signals possible rate hike The Australian share market is set to open lower following losses on Wall Street.
2026-10-14 · assertive framing · Live: ASX to open lower following losses on Wall Street as US inflation data drops
ASX set to open higher after Wall St gains, bond yields rise
2026-10-05 · assertive framing · Live: ASX to open higher as bond yields continue to rise
"Being able to absorb that cost would be detrimental to our business currently," she said.
2026-10-01 · assertive framing · Retailers predict price rises under RBA's surcharge reforms
The Australian share market is set to open slightly higher in morning trading ahead of the Reserve Bank's interest rate decision.
2026-09-28 · assertive framing · Live: ASX to edge higher as US bonds surge
It's the lesser-known side effect of the changes that begin on October 1 because banks' revenue will drop as they reduce the amount they charge businesses to bank with them.
2026-09-27 · assertive framing · Banks cut rewards programs, free travel insurance amid surcharge ban
ASX tipped to gain as Wall St rebounds, oil and bond yields retreat The ASX is expected to open higher after Wall Street rebounded from Wednesday's sell-off.
2026-09-17 · assertive framing · Live: ASX eyes gains as Wall Street rallies
Also by Adelaide Miller
Banks sitting on billions in savers' money as interest rates rise
2026-10-31 · ABC News (AU)
Economic pain collides with regulatory changes for small businesses
2026-10-26 · ABC News (AU)
ASX to fall, US tech rout rattles markets
2026-10-22 · ABC News (AU)
Live: ASX to open lower following losses on Wall Street as US inflation data drops
2026-10-14 · ABC News (AU)
Nothing else under this byline is closely related to this article, so these are simply their most recent.
All 15 articles by Adelaide Miller →

Topics

Aussie Australia Australian Event

Subjects

Australian NORP · 2× David Chau PERSON · 2× Adelaide Miller PERSON · 1× Aussie NORP · 1× Australia GPE · 1× Event ORG · 1×

Narrative

ASX to open in the red Good morning everyone and happy Thursday, Business reporter Adelaide Miller here, great to be back with you on this sunny morning. I'll be taking you through the latest business, finance and economics news from across the globe.
framing: assertive · carried by 1 article(s) · first seen 2026-11-11
ASX to fall after gains on Wall St, price of oil starts to rise again The Australian share market is set to open lower when it opens after gains on Wall Street.
2026-11-11 · ABC News (AU)
Live: ASX to fall as price of oil rises · assertive framing

Claims (10 extracted, 0 hedged)

ASX to fall after gains on Wall St, price of oil starts to rise again The Australian share market is set to open lower when it opens after gains on Wall Street. asserted
it → fall → Street
The Nasdaq Composite has rallied nearly 2 per cent. asserted
Composite → rally → ?
Meanwhile, the price of oil is rising again, trading at $US92 a barrel. asserted
price → rise → US92
Disclaimer: this blog is not intended as investment advice. asserted
blog → intend → advice
10-year bonds: US 5.00%, Australia 5.07% Prices current at around 7:10am AEDT New: Filters Choose what information you see below by using filters Key Event ICYMI: asserted
you → choose → ICYMI
Interest rate hikes, falling house prices and major changes to property tax rules have led to a 15% drop in new home lending in the September quarter. asserted
hikes → fall → quarter
ASX to open in the red Good morning everyone and happy Thursday, Business reporter Adelaide Miller here, great to be back with you on this sunny morning. I'll be taking you through the latest business, finance and economics news from across the globe. asserted
I → open → globe
To start with, the ASX 200 is set to open in the red, when the market opens later this morning, with Futures pointing down -0.5% to 9,148 points. asserted
Futures → start → points
That's as Wall Street wraps the final hour of trading in the green (will provide a breakdown shortly). asserted
Street → wrap → breakdown
The Aussie dollar is also down, trading just under 69 US cents. asserted
dollar → trade → cents
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