Please use a PC Browser to access Register-Tadawul
Get It
BUZZ-US energy companies mixed even as Brent hits $90 per barrel
Marathon Petroleum Corporation +1.47% Post
Chevron Corporation +2.70% Post
SLB Limited -7.49% Post
EQT Corporation +1.27% Post
Occidental Petroleum Corporation +5.09% Post
Marathon Petroleum Corporation MPC | 230.07 232.00 | +1.47% +0.84% Post |
Chevron Corporation CVX | 196.97 197.55 | +2.70% +0.29% Post |
SLB Limited SLB | 44.56 44.65 | -7.49% +0.20% Post |
EQT Corporation EQT | 64.64 64.80 | +1.27% +0.25% Post |
Occidental Petroleum Corporation OXY | 58.41 58.83 | +5.09% +0.72% Post |
Updates
** Shares of U.S. energy companies were mixed in morning trading, tracking broader market, despite 6% rise in crude oil prices .N
** Benchmark Brent crude LCOc1 up 6.3% at $90.89/barrel for first time since April 2024; on track for strongest weekly gain since volatility of COVID‑19 pandemic in spring 2020
** Oil prices rise as conflict in Middle East kept shipping and energy exports halted through vital Strait of Hormuz
** "Volatility remains high and physical markets are getting tighter...We'd anticipate prices to continue to rise with no obvious triggers for an easing of the risks to supply on horizon," Panmure Liberum analyst Ashley Kelty says
** Energy majors Exxon Mobil
** APA corp APA.O, EQT corp EQT.N, EOG Resources EOG.N and Expand Energy EXE.O gain marginally
** Oilfield services companies SLB SLB.N and Halliburton HAL.N down 1.4% and ~1 each
** Refiners: Marathon Petroleum MPC.N down ~1, Valero Energy VLO.N down 1.4% and Phillips 66 PSX.N down 1.6%
