** Shares of Australian energy stocks rise as much as 1% to hit their highest levels since Oct 23
** The sub-index on track to extend its gains to a ninth consecutive session
** Oil prices hovered at their highest levels since October as investors eyed the impact on global fuel demand from colder weather in the Northern Hemisphere and Beijing's economic stimulus measures
** Shares of Woodside Energy and Santos rise up to 1.2% and 0.7%, respectively
** Both Woodside and Santos hit their highest level since Nov 25
** AXEJ posted an 18.8% decline in 2024
(Reporting by John Biju in Bengaluru)
((John.Biju@thomsonreuters.com;))
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