Santos' Shares Inch Down As Oil Prices Fall Over Potential Deescalation Between US, Iran

MT Newswires Live

02/03

Santos' (ASX:STO) shares inched down 0.3% in recent trading on Tuesday after oil prices fell over $3 per barrel on Monday on signs of de-escalation between the US and Iran.

The shares of Woodside Energy Group (ASX:WDS) inched up 0.2%, and those of Beach Energy (ASX:BPT) climbed 0.5%.

Brent crude futures fell $3.02, or 4.4%, to settle at $66.30 per barrel.

Iran and the U.S. will resume nuclear talks on Friday, Reuters reported Monday.

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