Shares in the ASX’s energy sector dropped on Friday after lower oil prices slipped ahead of a major petroleum producers’ meeting over the weekend.P/ASX 200 eased 0.7 per cent, or 52.9 points, to 7301.5. The All Ords dipped by a similar margin, or 50.50 points, to 7503.5. The main index rose 1.3 per cent this week, its second consecutive gain.
for West Australian gas developer Warrego Energy. Gina Rinehart’s Hancock Prospecting made a surprise bid this week. Transurban’s stock fell 1 per cent to $14.15 even as it reaffirmed distribution guidance of 53¢ for 2023.despite record sales in the Black Friday trading weekAll major banks retreated, while mining giants also slumped. Gold companies, however, rallied after the price of the precious metal topped levels last seen in August.