Energy companies gain as Brent crude rises above $100/barrel mark

Baker Hughes

09/09/2026 12:30

** U.S.-listed shares of energy companies gain premarket, tracking a rise in oil prices O/R
** Brent crude futures LCOc1 up ~3% at $100.76/barrel; U.S. West Texas Intermediate CLc1 rises 2.43% to $95.29/barrel
** Prices breached the $100-per-barrel mark, hitting a six-week high on Wednesday as intensifying conflict in the Middle East heightened concerns about oil flows
** Energy majors Exxon XOM.N and Chevron CVX.N each up 0.74%
** Oil and gas producers Occidental Petroleum OXY.N up 1.2%, Diamondback Energy FANG.O gains 2.4%, Devon Energy DVN.N rises 1.1%
** Oilfield services company Baker Hughes BKR.O gains 1.1%
** Refiners PBF Energy PBF.N and Valero Energy VLO.N up 1.4% and ~1% respectively 

 (Reporting by Pranav Mathur in Bengaluru)
 ((Pranav.Mathur@thomsonreuters.com;))