Australian stocks moved higher in early Tuesday trading, in line with other Asian bourses, with energy shares broadly higher after an overnight rally in crude. The benchmark S&P/ASX 200 advanced 0.3% to 4,132.40, with Woodside Petroleum Ltd. up 1%, Santos Ltd. rising 0.9%, and Oil Search Ltd. ahead by 0.5%. Benchmark New York crude futures rose 1.8% overnight, but lost ground in early Asia trading after Norway averted an industry lockout. Airlines also improved, with Qantas Airways Ltd. gaining 0.7%, and Virgin Australia Holdings Ltd. improving by 1.3%.

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