Shares of Australian Oil Producers Jump Even as Oil Slides

MT Newswires Live

2025/06/11

The shares of Australian oil producers jumped even after Brent crude futures fell 0.3% on Tuesday to settle at $66.87 per barrel, near a seven-week high.

The shares of Woodside Energy Group Ltd (ASX:WDS) were up over 2%, and those of Santos (ASX:STO) rose almost 1% in recent trading on Wednesday.

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