ASX energy shares exploded today. Too late to buy?

The S&P/ASX 200 Index (ASX: XJO) is having one of those whipsawing kind of days. At the time of writing, the index is essentially flat, up a rather insignificant 0.11% to 6,686 points, despite having dropped around 0.3% around lunchtime.

But one sector is not sharing in this commitment to neutrality. ASX energy shares are on fire today, and are dominating the ASX 200 best performers list.

Oil Search Ltd (ASX: OSH) is leading the charge – its shares are up a healthy 6.70% at the time of writing to $4.46 a share. The ASX’s biggest energy company – Woodside Petroleum Limited (ASX: WPL) – is also basking in the light of a 5.49% rise to $26.71 a share. Beach Energy Ltd (ASX: BPT) is up 4.69% to $2.01 a share.

So why this…