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Aussie energy stocks hit two-week high on stronger oil prices

ReutersMay 28, 2025 4:34 AM

Australia energy sub-index .AXEJ rises 2.9%, hitting its highest level since May 14

Energy stocks track stronger oil prices, which rose after the U.S. barred Chevron CVX.N from exporting crude from Venezuela O/R

Woodside WDS.AX up 3.9%, YTD down 9.2%; Santos STO.AX up 2.3%, YTD down 1.5%

Sub-index down 7% YTD, including day's moves

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