BUZZ-Australian energy stocks continue climb amid rising oil prices

Reuters
05-14
BUZZ-Australian energy stocks continue climb amid rising oil prices

** The Australian energy sub-index .AXEJ rises 3% to 8043.1 points, their highest level since April 1

** Crude oil futures climbed more than $1.60 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a better-than-expected inflation report O/R

** Woodside Energy WDS.AX gains 1.9% while Santos STO.AX advances 1.4%

** AXEJ set to extend gain for a seventh consecutive session

** Sub-index down 6.6% on YTD basis

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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