BUZZ-Australian energy stocks surge as oil prices recover

Reuters
04/10
BUZZ-Australian energy stocks surge as oil prices recover

** Energy sub-index.AXEJ recovers from Wednesday's losses, rise as much as 8.5%

** AXEJ marks biggest intraday percentage gain since early November 2020

** Oil prices climb more than 4% after Donald Trump said he would further raise tariffs on China but pause the ones announced last week for most other countries O/R

** Woodside Energy WDS.AX and Santos STO.AX gain 8.5% and 7.4%, respectively

** Sub-index last up 7%; down 23.6% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com;))

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