July 17, 2017 / 4:36 AM / a month ago

BUZZ-Australia's energy stocks rise as oil prices climb

** S&P ASX 200 Energy (GIC) gains as much as 0.8 pct to hit its highest in nearly 2 weeks

** Oil prices rose on Monday, supported by a slowdown in U.S. rig count growth and because of strong refinery demand from China

** Beach Energy, Santos Ltd and Oil Search Ltd were the top gainers on the index

** Beach Energy rose to its highest in over 6 weeks and was the top gainer in the benchmark index

** The index is on track for its third straight session of gains (hanna.paul.thomsonreuters.com@reuters.net)

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