Shares of Energy Firms Rebound as Oil Prices Rebound

MT Newswires Live
Mar 17

Shares of Santos (ASX:STO) rose nearly 1% in recent trading on Tuesday, while those of Woodside Energy Group (ASX:WDS) inched up 0.3% and those of Karoon Energy (ASX:KAR) 0.1% after oil prices rebounded.

Brent crude oil futures rose 2.1% to $102.83 per barrel and US West Texas Intermediate climbed 2.7% to $96.06 per barrel.

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