BUZZ-Australian energy stocks rebound, tracking oil prices

Reuters
2025.04.01 05:04
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Australian energy index (.AXEJ) jumps 1%, bouncing after a 2.7% slide on Monday and tracking rebound in oil prices (O/R) Sector heavyweight Woodside Energy (WDS.AX) up 1.8%, set to clock in its strongest session in over two weeksSantos (STO.AX) up 2%, eyes best day since early MarchStill, the index is down nearly 7% YTD, more than double the benchmark S&P ASX 200’s (.AXJO) 3% drop

Australian energy index (.AXEJ) jumps 1%, bouncing after a 2.7% slide on Monday and tracking rebound in oil prices (O/R)

Sector heavyweight Woodside Energy (WDS.AX) up 1.8%, set to clock in its strongest session in over two weeks

Santos (STO.AX) up 2%, eyes best day since early March

Still, the index is down nearly 7% YTD, more than double the benchmark S&P ASX 200’s (.AXJO) 3% drop

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