Business
ASX energy shares are booming as OPEC cuts production
It’s a good day to own shares in ASX energy companies today. The Woodside Petroleum Limited (ASX: WPL), Santos Ltd (ASX: STO), Oil Search Ltd (ASX: OSH), and Origin Energy Ltd (ASX: ORG) share prices are all rising today. The companies’ share price lift coming despite today’s 1.08% fall in the S&P/ASX 200 Index.
The exception is Ampol Ltd (ASX: ALD), which has dropped 0.54% and is currently trading at $23.75.
At the time of writing, Woodside share price is up 2.07% to $25.20, Santos shares are selling 3.98% higher to be at $7.71, Oil Search lifted 3.33% to sit at $4.35, Origin shares are 1.14% higher, trading at $4.42.
Let’s take a closer look at why all these share prices are through the roof.
What’s lifting the ASX…
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