BUZZ-Australian energy stocks track oil prices lower

Reuters
7 hours ago
BUZZ-Australian energy stocks track oil prices lower

** Energy stocks .AXEJ fall as much as 2.1% to 6808.6 points; last down 1.4%

** Oil prices shed more than 2% on signs of progress in U.S.-Iran talks, while caution prevailed over economic headwinds from tariffs that could curb fuel demand O/R

** Sector majors Woodside Energy WDS.AX falls 1.2%, its smaller peer Santos STO.AX down 0.4%

** YTD, AXEJ loses 20.5%

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@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.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10