Stocks to watch on the Australian stock exchange:

BHP – BHP BILLITON

FMG – FORTESCUE METALS GROUP

RIO – RIO TINTO

The price of iron has again risen, and has breached the $US60 mark. It’s up $US1.26 at $UD60.48.

ORG – ORIGIN ENERGY

STO – SANTOS

WPL – WOODSIDE PETROLEUM

The oil price rally seems to have run out of steam with both WTI and Brent crude falling overnight.