BUZZ-Australian energy stocks hit over one-month high on oil gains** Australian energy stocks .AXEJ rise as much as 1.1% to 7,457.1 pts, their highest level since April 4
** Oil prices soar 3% on investor hopes of a trade deal between the U.S. and China O/R
** Oil producer Karoon Energy KAR.AX is up as much as 3.3%, hitting A$1.488, its highest level since April 3
** Oil and gas majors Woodside Energy WDS.AX and Santos STO.AX are up 1.5% and 0.9% respectively
** Benchmark index .AXJO, meanwhile, is up 0.2%
** YTD, however, energy sub-index down 13.8%
(Reporting by Nichiket Sunil in Bengaluru)
((Nichiket.Sunil@thomsonreuters.com))
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