Australian energy stocks track oil prices lower to hit month low

Woodside Energy

27/10/2024 23:28

** Australian energy sub-index  .AXEJ  falls as much as 1.2%
to hit its lowest since Sept. 23 
    ** Oil prices slip nearly $4 a barrel after Israel shows
restraint in strikes on Iran  O/R  
    ** Heavyweights Woodside Energy  WDS.AX  and Santos  STO.AX 
retreat as much as 1.4% and 0.9%, respectively 
    ** Sub-index down 17.4% YTD as at 2322 GMT, underperforming
the benchmark ASX200  .AXJO  index which is up 8.3% 

 (Reporting by Echha Jain in Bengaluru; Editing by Jacqueline
Wong)
 ((Echha.jain@thomsonreuters.com))