Oil Producers Fall Amid Expectations of Ukraine-Russia Ceasefire

MT Newswires Live

11/27

Shares of Woodside Energy (ASX:WDS) and Santos (ASX:STO) fell as expectations rose of a ceasefire between Russia and Ukraine.

Woodside Energy closed 1% lower, and Santos closed almost 2% down on Thursday as the markets anticipate that a potential ceasefire would remove the Western sanctions on Russian oil supply.

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