Woodside Energy Slips, Santos Edges Higher After Saudi Arabia's Oil Price Hike
MT Newswires Live
Jul 08, 2025
Shares of oil producers were mixed Tuesday after Saudi Arabia raised prices of its main crude grade for Asian buyers by $1 to $2.20 a barrel for August.
Woodside Energy Group (ASX:WDS) was off nearly 1% in recent trade, while Santos (ASX:STO) added less than 1%.
Brent crude futures rose 1.9%, or $1.28, to settle at $69.58.
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