BUZZ-Australian energy stocks hit over three-year low as oil slips

Reuters

2025/02/24

** Australian energy stocks .AXEJ fall as much as 2% to 8208.7, their lowest level since January 25, 2022

** Crude oil prices have eased on Friday as investors grappled with a fading Middle East risk premium alongside uncertainty about a potential peace deal in Ukraine O/R

** Oil and gas major Santos STO.AX is down 2.8%, while Woodside Energy WDS.AX slips 0.5%

** YTD, sub-index down 5%

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com;))

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