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Live: ASX to fall as price of oil rises

The Australian share market is set to open lower after gains on Wall Street. The price of oil rises again. Follow the day's events and insights from our business reporters on the ABC News live markets blog.

Live: ASX to fall as price of oil rises

The Australian share market is expected to open lower today, following gains on Wall Street. The Nasdaq Composite has gained nearly 2 percent. However, the price of oil is on the rise again, trading at $US92 a barrel. Business reporter Adelaide Miller provides the latest updates on this morning's live blog. The ASX 200 is forecast to open in the red, with futures pointing down -0.5% to 9,148 points. Meanwhile, the Aussie dollar is currently trading just under 69 US cents.

Written by urgent.news from ABC News AU's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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