The decline followed data showing that US crude stockpiles unexpectedly rose 3.93 million barrels last week and growing concerns about COVID-19 outbreaks in China. Woodside Energy lost 2.3 per cent to $37.98 and Santos fell 1.6 per cent to $7.52. Shares in Perpetual rallied 14.8 per cent to $33.40 after it rejected a revised $33 per share bid from Regal and BPEA. The latest offer, which was raised from $30, “continues to materially undervalue the company,” Perpetual said. Meanwhile, Pendal, which has agreed to be acquired by Perpetual, said it intended to proceed with the transaction despite requests from Perpetual…