US energy sector up as Middle East tensions prevail

Callon Petroleum Co

05/01/2024 16:38

(Updates)
    ** S&P 500 Energy Sector  .SPNY  up ~0.5%, tracking gains in
crude prices  O/R 
    ** Brent crude  LCOc1  up 1.8% at $78.99/bbl and U.S. West
Texas Intermediate crude  CLc1  up 2.5% at $73.96/bbl, as U.S.
Secretary of State Antony Blinken prepares to visit the Middle
East in an attempt to contain regional tensions as the
Israel-Hamas conflict rages
    ** Energy majors Chevron  CVX.N  and Exxon Mobil  XOM.N  up
0.4% and 0.9%, respectively
    ** Marathon Oil  MRO.N , Halliburton  HAL.N , Phillips 66
 PSX.N  OneOk  OKE.N  and SLB  SLB.N  among the top pct. gainers
on the energy index, up between 0.9% and 1.6%

 (Reporting by Vallari Srivastava)
 ((Srivastava.Vallari@thomsonreuters.com))