Australian energy stocks rebound, tracking oil prices

ReutersApr 1, 2025 5:04 AM

Australian energy index .AXEJ jumps 1%, bouncing after a 2.7% slide on Monday and tracking rebound in oil prices O/R

Sector heavyweight Woodside Energy WDS.AX up 1.8%, set to clock in its strongest session in over two weeks

Santos STO.AX up 2%, eyes best day since early March

Still, the index is down nearly 7% YTD, more than double the benchmark S&P ASX 200's .AXJO 3% drop

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