Finance ASX down as oil surges to $US100, Musk's wealth falls on tech sell-off | Finance Report | ABC NEWS 4 weeks ago admin556 A flare-up in Middle East hostilities caused the oil price to surge above $US100 per barrel. The prospect of higher inflation and … Post navigation Previous What a hiring slowdown signals about the state of the U.S. economyNext Every Type of Investment Explained for Beginners