Australian energy stocks snap 6-day rally as falling oil prices weigh
25/08/2026 04:03
BUZZ-Australian energy stocks snap 6-day rally as falling oil prices weigh ** Australian energy stocks .AXEJ fall as much as 0.5%, snapping a six-session win streak
** Energy stocks drop on the back of tumbling oil prices after investors took profits and shrugged off new U.S. sanctions on Iran O/R
** Sector major Woodside Energy WDS.AX slips 0.6%, even as it gained as much as 2.9% earlier in the session, after it reported first-half profit slightly ahead of market estimates
** YTD, sub-index up 31.7%
(Reporting by Aamir Sheik Khalid in Bengaluru)
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