Energy Producers' Shares Fall as Oil Retreats on US-Iran Talks

MT Newswires Live

02/06

Shares of Woodside Energy Group (ASX:WDS), Santos (ASX:STO), and Beach Energy (ASX:BPT) fell around 2%, 1%, and 3%, respectively, in recent Friday trade, as oil prices dropped nearly 3% amid easing concerns over Iranian crude supplies, following reports of US-Iran talks in Oman.

Brent crude futures fell 2.8% to $67.55 a barrel.

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