BUZZ-Oil rally lifts energy stocks, refiners lead gains
Marathon Petroleum Corporation MPC | 0.00 | |
Occidental Petroleum Corporation OXY | 0.00 | |
APA Corporation APA | 0.00 | |
Expand Energy Corporation EXE | 0.00 | |
Phillips 66 PSX | 0.00 |
** S&P 500 energy index .SPNY up 1.2%, as crude prices gain amid concerns of prolonged Middle East supply disruptions and larger-than-expected decline in U.S. crude stock piles O/R
** Brent crude futures LCOc1 up 5.5% at $117.33/barrel, climbing for an eighth day to the highest level since March 31
** U.S. West Texas Intermediate crude CLc1 gains 5.2% to $105.15/barrel, the highest since April 13
** Energy companies Exxon Mobil XOM.N and Chevron CVX.N gain ~1%, each
** Expand Energy EXE.O, Phillips 66 PSX.N, Valero Energy VLO.N and Marathon Petroleum MPC.N gain between 3.3% and 5.4%; among the top percentage gainers on the energy index
** Oil and gas producers: Devon Energy DVN.N up 1.6%, Occidental Petroleum OXY.N rises 1% and APA Corp APA.O gains 2.6%
** Refiner: HF Sinclair DINO.N gains 4.5%