{"id":392033,"date":"2026-01-04T23:57:05","date_gmt":"2026-01-04T23:57:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/392033\/"},"modified":"2026-01-04T23:57:05","modified_gmt":"2026-01-04T23:57:05","slug":"markets-live-updates-oil-prices-slip-after-us-strikes-on-venezuela-asx-edges-higher","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/392033\/","title":{"rendered":"Markets live updates: Oil prices slip after US strikes on Venezuela, ASX edges higher"},"content":{"rendered":"<p>8m agoSun 4 Jan 2026 at 11:48pmMarket snapshot<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/lcimg-88845843-c895-43aa-823f-5fd752ee0e60.jpeg\" alt=\"Samuel Yang profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/>ASX 200: +0.1% to 8,736 pointsAustralian dollar: -0.2% to 66.82 US centsS&amp;P 500 (Friday): +0.2% to 6,858 pointsNasdaq (Friday): Flat at 23,235 pointsFTSE (Friday): +0.2% to 9,951 pointsEuroStoxx (Friday): +0.9% to 617 pointsSpot gold: +0.8% to $US4,364\/ounceBrent crude: -0.4% to $US60.53\/barrelBitcoin: Flat at $US91,270<\/p>\n<p class=\"paragraph_paragraph___QITb\">Price current around 10:45am AEDT<\/p>\n<p class=\"paragraph_paragraph___QITb\">Live updates on the major ASX indices:<\/p>\n<p>11m agoSun 4 Jan 2026 at 11:44pm<\/p>\n<p>Top and bottom movers at open<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/lcimg-88845843-c895-43aa-823f-5fd752ee0e60.jpeg\" alt=\"Samuel Yang profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/lcimg-aff473fb-5028-4b07-bea9-bcc796230098.jpeg\" alt=\"\" class=\"image_fluidImage__Sg10H\" data-component=\"LiveBlogPostImg\"\/>(LSEG)20m agoSun 4 Jan 2026 at 11:35pmOil falls as  investors weigh oversupply worries<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/lcimg-88845843-c895-43aa-823f-5fd752ee0e60.jpeg\" alt=\"Samuel Yang profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">Brent crude oil prices have slipped 0.3% to $US60.56 a barrel, following a 0.2% fall over the weekend.<\/p>\n<p>42m agoSun 4 Jan 2026 at 11:14pmASX opens up<img alt=\"Ben Butler profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">The benchmark Australian market index, the ASX 200, has opened slightly higher this morning.<\/p>\n<p class=\"paragraph_paragraph___QITb\">At 10:05am AEDT, the index was up 0.16 %.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Uranium stocks Paladin Energy and Deep Yellow showed the biggest gains in early trade, with Paladin up 9.77% and Deep Yellow up 7.46%.<\/p>\n<p class=\"paragraph_paragraph___QITb\">But there was little movement among blue chips, with Australia&#8217;s banks barely moving. Of the big four, ANZ rose 0.27% while the biggest bank in the country, the Commonwealth Bank, fell 0.01%.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Insurance company AUB Group was the bourse&#8217;s biggest loser, falling 2.09%.<\/p>\n<p>1h agoSun 4 Jan 2026 at 10:53pmOil prices in downtrend as OPEC+ keeps output steady<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/lcimg-88845843-c895-43aa-823f-5fd752ee0e60.jpeg\" alt=\"Samuel Yang profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">Oil prices have eased after logging their biggest annual loss since 2020 as investors weigh oversupply worries against geopolitical risks.<\/p>\n<p class=\"paragraph_paragraph___QITb\">US crude dipped 0.17% to settle at $57.32 per barrel, while Brent settled at $60.75 per barrel, down 0.16%.<\/p>\n<p class=\"paragraph_paragraph___QITb\">On Sunday, OPEC+ held a quick meeting to keep oil output unchanged after oil prices fell more than 18% in 2025.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The group\u00a0produces about half the world&#8217;s oil.<\/p>\n<p class=\"paragraph_paragraph___QITb\">On Saturday, the US captured Venezuelan President Nicolas Maduro, and US President Donald Trump said Washington would take control of the country until a transition to a new administration becomes possible, without saying how this would be achieved.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;Judging by OPEC\u2019s actions over the weekend, it\u2019s in no rush to recalibrate output in response to the US attacks on Venezuela,&#8221; senior financial market analyst Kyle Rodda from capital.com said in a note.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;It chose to keep production unchanged, with the cartel emphasising stability in the crude markets.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;Despite downside to prices and a building supply glut in global markets, OPEC isn\u2019t rushing to put a strong floor under prices, ostensibly adopting a &#8216;wait and see&#8217; approach to market conditions.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;When it comes to the charts, crude is clearly in a downtrend, with the 50 day moving average a noteworthy level of technical resistance and roughly $US55 a major level of support.&#8221;<\/p>\n<p>1h agoSun 4 Jan 2026 at 10:31pmDow, S&amp;P 500 close higher on first day of 2026<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/lcimg-88845843-c895-43aa-823f-5fd752ee0e60.jpeg\" alt=\"Samuel Yang profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">The Dow and S&amp;P 500 indexes ended higher on Friday, starting 2026 by snapping a four-day losing streak, helped by gains in chip makers Nvidia,\u00a0Intel and Boeing.<\/p>\n<p class=\"paragraph_paragraph___QITb\">In 2025, the Dow, the S&amp;P 500 and the Nasdaq all notched double-digit gains,\u00a0their third straight year in the green, a run last seen during 2019-2021.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Chip stocks provided a boost on Friday, with the Philadelphia SE Semiconductor index up 4%. Industrials and utilities also gained. Caterpillar and Boeing rose 4.5% and 4.9%, boosting the Dow.<\/p>\n<p class=\"paragraph_paragraph___QITb\">While chip stocks rallied, several market heavyweights such as Apple and Microsoft fell to keep gains in check on the S&amp;P 500 and Nasdaq.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The S&amp;P 500 and the\u00a0Nasdaq were also pressured by losses in consumer discretionary stocks including Amazon and Tesla also slid 2.6% after annual sales fell\u00a0for a second year.<\/p>\n<p class=\"paragraph_paragraph___QITb\">&#8220;It looks like the momentum in last year\u2019s top-performing technology stocks hasn&#8217;t faded, because neither has demand for artificial intelligence, as the AI infrastructure build-out accelerates,&#8221; Jessica Amir, market strategist from Moomoo Australia, said in a note.<\/p>\n<p class=\"paragraph_paragraph___QITb\">The Dow Jones index rose 0.7% to 48,382, the S&amp;P 500 gained 0.2% to 6,858 and the Nasdaq Composite ended flat at 23,235.<\/p>\n<p class=\"paragraph_paragraph___QITb\">with Reuters<\/p>\n<p>1h agoSun 4 Jan 2026 at 10:15pm<\/p>\n<p>Market snapshot<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/lcimg-88845843-c895-43aa-823f-5fd752ee0e60.jpeg\" alt=\"Samuel Yang profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/>ASX 200 futures: +0.1% to 8,718 pointsAustralian dollar: -0.1% to 66.85 US centsS&amp;P 500 (Friday): +0.2% to 6,858 pointsNasdaq (Friday): Flat at 23,235 pointsFTSE (Friday): +0.2% to 9,951 pointsEuroStoxx (Friday): +0.9% to 617 pointsSpot gold: +0.4% to $US4,329\/ounceBrent crude: -0.2% to $US60.75\/barrelBitcoin: -0.1% to $US91,135<\/p>\n<p class=\"paragraph_paragraph___QITb\">Prices current around 9:00am AEDT<\/p>\n<p class=\"paragraph_paragraph___QITb\">Live updates on the major ASX indices:<\/p>\n<p>2h agoSun 4 Jan 2026 at 9:52pm<\/p>\n<p>ASX to open up<img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2025\/08\/lcimg-88845843-c895-43aa-823f-5fd752ee0e60.jpeg\" alt=\"Samuel Yang profile image\" class=\"Avatar_avatarImage__f1Jjg\" style=\"display:none\"\/><\/p>\n<p class=\"paragraph_paragraph___QITb\">Good morning and welcome to our first markets live blog of 2026, where we&#8217;ll bring you the latest price action and news on the ASX and beyond.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Australian shares are set to edge higher at open on Monday, with energy stocks expected to be in focus after the US strike on Venezuela sparked concerns about oil supplies.<\/p>\n<p class=\"paragraph_paragraph___QITb\">ASX futures were up 11 points or 0.1 per cent to 8,718 at 8:30am AEDT.<\/p>\n<p class=\"paragraph_paragraph___QITb\">At the same time, the Australian dollar was down 0.2 per cent to 60.70 US cents.<\/p>\n<p class=\"paragraph_paragraph___QITb\">Spot gold gained 0.4 per cent to $US4,329, while Brent crude oil was down 0.2 per cent to $US60.75 a barrel.<\/p>\n<p>Loading<\/p>\n","protected":false},"excerpt":{"rendered":"8m agoSun 4 Jan 2026 at 11:48pmMarket snapshotASX 200: +0.1% to 8,736 pointsAustralian dollar: -0.2% to 66.82 US&hellip;\n","protected":false},"author":2,"featured_media":392034,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[3675,2001,37156,64,29217,63,41885,166,99,2003,2005,160,2007,5463,5464,41884,2004,1996,1491],"class_list":["post-392033","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-asian-markets","tag-asx","tag-asx-200","tag-au","tag-aud","tag-australia","tag-australian-company","tag-australian-dollar","tag-business","tag-dollar","tag-dow-jones","tag-live-blog","tag-nasdaq","tag-sp-500","tag-shares","tag-stockmarket","tag-stocks","tag-tech","tag-wall-street"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/392033","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=392033"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/392033\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/392034"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=392033"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=392033"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=392033"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}