Woodside Energy share price rises as oil jumps on Hormuz fears — what to watch next

Woodside Energy Group Ltd closed up 1.2% at A$27.43 on Friday, with climbing oil prices helping to push energy stocks higher and wrapping up a solid week for the Australian market. The S&P/ASX200 edged down 0.05%. Santos, meanwhile, dropped 0.9% to A$6.94 after the company reached a 10-year gas sales agreement with the South Australian government.

Woodside Energy Group Ltd shares ended 0.8% higher at A$23.52 on Tuesday, after trading between A$23.31 and A$23.59. The stock had fallen about 1.4% a day earlier, after touching an intraday high of A$24.01.