** Australian energy stocks .AXEJ are down 0.5% after falling as much as 1% earlier in the session to hit lowest level since June 13
** Oil prices fell 1% as easing geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August boosted supply outlook O/R
** ASX 200 benchmark index .AXJO up 0.2%
** Energy sector major Woodside Energy WDS.AX down 0.9%
** YTD, sub-index up 0.7%; AXJO up 4.4%
(Reporting by Sherin Sunny in Bengaluru)
((Sherin.Sunny@thomsonreuters.com;))
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