Australian energy stocks drop to one-week low as oil prices slip
ReutersJun 24, 2025 12:57 AM
Australian energy stocks .AXEJ down as much as 5.1%, their lowest levels since June 16
The energy sub-index snaps two sessions of consecutive gains
U.S. crude futures fell to their lowest levels in more than a week as U.S. President Donald Trump said a ceasefire has been agreed between Iran and Israel, easing concerns of global supply disruption O/R
Sector major Woodside Energy WDS.AX down 7%, among top losers in the ASX 200 benchmark index .AXJO, which is up 1%
Karoon Energy KAR.AX and Ampol ALD.AX down 8.9% and 2.4%, respectively; among top losers in the benchmark index
Stock up 5.5% this year, as of last close
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