US energy sector up as oil stabilizes post OPEC+ meeting

Callon Petroleum Co

01/12/2023 16:50

** S&P 500 Energy sector  .SPNY  rises ~1.1% tracking gains
in crude prices after oil prices stabilized on further OPEC+
supply cuts, having fallen 2% on Thursday  O/R   
    ** Brent crude futures  LCOc1  for February rise 0.3% to
$81.10 on their first day, U.S. West Texas Intermediate crude
futures  CLc1  up 0.3% at $76.16
    ** Oil majors Exxon Mobil  XOM.N  and Chevron  CVX.N  shares
up 0.9% and 2.2%, respectively 
    ** Halliburton  HAL.N , Marathon Petroleum  MPC.N , APA
 APA.O  and ConocoPhillips  COP.N  climb between 0.7%-2.3%,
among top pct. gainers on the energy index
    ** Shares of refiners such as Phillips 66  PSX.N  and PBF
Energy  PBF.N  up 1% and 2%, respectively 
  

 (Reporting by Kabir Dweit)
 ((Kabir.Dweit@thomsonreuters.com))