Santos (ASX: STO) Slides Further, Extending Weekly Downturn

Santos Ltd (ASX: STO) is experiencing another day of losses, adding to its woes from last week. As of June 4th, 2024, the share price sits at AU$7.21, representing a decline of 1.3% from the opening price. This continues the downward trend observed since the end of May, raising concerns about the company’s future prospects or the overall sentiment towards the oil and gas sector.

Santos (ASX: STO) Slides Further, Extending Weekly Downturn