US energy companies gain after oil prices climb as US, Iran resume attacks
XLE•Energy shares rise as oil prices climb
U.S.-listed shares of energy companies rise premarket, mirroring a more than 2% jump in oil prices.
Oil prices rise after the U.S. attacked an Iranian island in the Strait of Hormuz and drew retaliation from Tehran.
- Brent crude futures LCOc1 up 2.4% at $90.19/barrel
- U.S. West Texas Intermediate CLc1 rises 2.3% to $85.30/barrel
- Energy majors Exxon XOM.N and Chevron CVX.N up 1.1% and 1.9%, respectively
- Oil and gas producers: Occidental Petroleum OXY.N up 1.6% and ConocoPhillips COP.N gains 1.2%
- Oilfield services companies: SLB SLB.N up 1.1% and Halliburton HAL.N rises 2.3%
- Refiners Marathon Petroleum MPC.N up 1.6% and Phillips 66 PSX.N rises 1%
