US energy stocks gain as Saudi attacks boost crude prices
XLE•The S&P 500 energy index rose 1.4% as attacks on Saudi Arabia lifted oil prices, with Brent up 1.8% to $106.60 a barrel and U.S. West Texas Intermediate up 1.9% to $93.63.
1. Energy shares rise
The S&P 500 energy index gained 1.4%, tracking higher oil prices. Brent crude futures rose 1.8% to $106.60 a barrel after touching their highest since September 29, while U.S. West Texas Intermediate crude gained 1.9% to $93.63. Chevron rose 1.4% and ExxonMobil gained 1.8%; Diamondback Energy, APA Corp, Occidental Petroleum and ConocoPhillips advanced between 1.8% and 2.5%.
