Australia's energy stocks fall as oil prices fall slide

Whitehaven Coal

25/09/2026 04:41

** Australian energy stocks .AXEJ drop as much as 0.4%; down 1.4% for the week so far
** Stock set for second straight weekly decline, if trends hold
** Oil prices fell slightly as markets weighed the possibility of a truce between the US and Iran against the bombing of Saudi Arabia by Houthi rebels after a week of price spikes O/R
** Whitehaven Coal WHC.AX, Yancoal Australia YAL.AX and New Hope Corp NHC.AX shed between 1.6% and 2.8%  
** YTD, sub-index up 28.6% including the session's moves

(Reporting by Swetha Lakshmi in Bengaluru)
((Swetha.Lakshmi@thomsonreuters.com))