Australian energy stocks jump as oil prices rise and Ampol gains
03/06/2026 01:34
BUZZ-Australian energy stocks jump as oil prices rise and Ampol gains ** Australian energy stocks .AXEJ gain as much as 2%
** Oil prices climb as hostilities in the Middle East erupt anew, while diplomatic talks between Iran and the United States show little progress O/R
** Santos STO.AX, Australia's second‑largest oil and gas producer, rises as much as 1.6%
** Fuel retailer Ampol ALD.AX climbs as much as 3% after competition regulator gives nod to acquisition of EG Australia
** Sub-index up 26.8% YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)
Recent news on Ampol
See all newsAustralian energy stocks hit two-week low as oil prices slip
Ampol rises to over two-week high as regulator approves EG Australia deal
Ampol at 2-week high after regulator clears EG Australia deal
Brief: Ampol Welcomes ACCC Approval Of Its Acquisition Of EG Australia
Brief: Australia's ACCC Says Ampol's Acq Of EG Australia Approved With Conditions