Stocks to watch on the Australian stock exchange:

BHP – BHP BILLITON

FMG – FORTESCUE METALS GROUP

RIO – RIO TINTO

The price of iron looks to be slowly heading back down, losing 61 US cents, to $US55.76.

ORG – ORIGIN ENERGY

STO – SANTOS

WPL – WOODSIDE PETROLEUM

Oil prices have fallen slighlty with WTI crude down four US cents, or 0.1 per cent, at $39.42 per barrel.