AUSTRALIA

Woodside hit as recovery hopes fade

WOODSIDE Petroleum's value dropped $544 million from February to March as the crude oil price decreased 10.2% over the period, adding further pain to an already depressed commodity price environment across the metals and hydrocarbon sectors.

Anthony Barich

There was limited positive news for oil last month as the performance of Deloitte's Index for the resources-dependent Western Australia was hit particularly hard by weak commodity prices, most of which...

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