** Australia's energy stocks fall as much as 1.2%, on track for its worst day since May 1 - if current trends hold
** Sub-index tracks global oil prices which fell on subdued U.S. rate-cut hopes
** Oil prices also fell as signs of low oil demand rises
** Oil and gas giant Woodside Energy falls as much as 1.5%, set for worst day since May 2, while Santos loses 1.3%
** AXEJ has fallen over 1% this year as of last close
(Reporting by Rajasik Mukherjee in Bengaluru)
((Rajasik.Mukherjee@thomsonreuters.com;))
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