BUZZ-Australian energy stocks track falling oil prices

Reuters

2025/04/04

** Australian energy stocks .AXEJ fall 6.4%

** Sub-index hits lowest level since Novemeber 2020

** Oil prices nose-dived to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S. President Donald Trump announced sweeping new import tariffs O/R

** Shares of Woodside Energy WDS.AX and Santos STO.AX down 6.5% and 7.4% respectively

** Stock down 10.7% this year, as of last close

(Reporting by Sherin Sunny in Bengaluru)

((Sherin.Sunny@thomsonreuters.com))

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