Australia's energy stocks track strong oil prices, rise to 1-1/2-week high
04/06/2026 01:34
BUZZ-Australia's energy stocks track strong oil prices, rise to 1-1/2-week high ** Australian energy stocks .AXEJ rise as much as 0.6% to their highest level since May 25
** Sub-index set for a fourth consecutive session of gains, if current trends hold
** Oil prices rose as hostilities in the Middle East erupted anew and talks between Tehran and Washington showed little progress O/R
** Sector majors Woodside Energy WDS.AX and Santos STO.AX up 1.5% and 1.3%, respectively
** YTD, sub-index up 27.8% including the day's move
(Reporting by Sherin Sunny in Bengaluru)
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