Australian energy stocks rise as oil prices gain

Woodside Energy

18/05/2026 01:29

** Shares of Australian energy stocks .AXEJ rise as much as 1.9%, hitting their highest level since May 7

** Oil prices touch a two-week high after drone attack on UAE nuclear power plant O/R

** Among sector giants, Woodside Energy WDS.AX rises over 2%, while Santos STO.AX gains 2%

** AXEJ up over 25% this year, including the day's move

 (Reporting by Rajasik Mukherjee in Bengaluru)

 ((Rajasik.Mukherjee@thomsonreuters.com))