** The S&P/ASX 200 Energy sub-index .AXEJ has fallen 19.21% YTD to 8,141.3, seeing its worst trading year since 2020
** However, the sub-index has rebounded from year low seen on Dec. 20, gaining 5.7% over six consecutive sessions
** Sub-index constituent Woodside Energy WDS.AX has fallen 21.2% this year, while peer Santos STO.AX is down 12.4% YTD
** Underlying brent crude LCOc1 is down as much as 3.4% this year
** Sub-index underperforms broader index .AXJO, up 8.5% this year, by 10.7 percentage points
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.