Stocks to watch on the Australian stock exchange:
OSH - OIL SEARCH
STO - SANTOS
WPL - WOODSIDE PETROLEUM
Oil prices gained more than one per cent amid on signs of increased Chinese demand.
BHP - BHP BILLITON
RIO - RIO TINTO
FMG - FORTESCUE METALS
Iron ore prices continued to gain, rising to $US65.50 a tonne.