BUZZ-Australian energy stocks rise most in over two months as oil prices jump

Reuters
Jan 09
BUZZ-Australian energy stocks rise most in over two months as oil prices jump

** Australian energy stocks .AXEJ rise as much as 2.1%, its biggest intraday pct gain since Oct. 23, 2025

** Oil prices climbed over 3% on Thursday as investors assessed Venezuela developments and worried about supplies from other major oil producers O/R

** Oil producer Karoon Energy KAR.AX up as much as 6.2%, biggest intraday pct gain since Oct. 24, 2025; bigger peer Santos STO.AX up 3.2%

** Fuel retailer Viva Energy VEA.AX gains as much as 4.5% at A$2.11, biggest intraday percent rise since late August 2025

** Sub-index lost 2.3% in 2025

(Reporting by Nichiket Sunil in Bengaluru)

((Nichiket.Sunil@thomsonreuters.com))

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