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Commodities

ASX 200 Set for Modest Rally Amid Oil Price Volatility

Guavy AI Editorial Team
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Oil
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The ASX 200 is set to open higher on Monday after a strong Wall Street session on Friday.

Santos Ltd (ASX:STO) and Woodside Energy Group Ltd (ASX:WDS), both energy companies, will be in focus as oil prices pulled back overnight. However, an escalation in the Middle East could send oil prices higher when Asian markets open.

NextDC Ltd (ASX:NXT), a data centre operator, has been named a standout pick by Shaw and Partners due to structural growth tailwinds expected to persist for many years.

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