Oil stocks rise as crude gains on Trump rejection of Iran peace deal

EOG Resources

28/09/2026 14:59

    ** S&P 500 energy index  .SPNY  up ~1%, tracking rising oil
prices  O/R 
    ** Crude prices rise ~2% after US President Donald Trump
reject Iran's peace deal to resolve conflict and reopen the
Strait of Hormuz
    ** Brent futures  LCOc1  tick up $1.68, or 1.6%, to $106/
barrel; US West Texas Intermediate crude  CLc1  was gain 1.8% to
at $94.10/barrel
    ** Energy majors ExxonMobil  XOM.N  and Chevron  CVX.N 
shares inch up 1.5% and 1%, respectively 
    ** Chevron  CVX.N , Occidental Petroleum  OXY.N , EOG
Resources  EOG.N  and Conocophillips  COP.N  advance 0.6% to
1.4% each; among the top percentage gainers on the energy index
    ** Refiners Phillips 66  PSX.N  and Valero Energy  VLO.N  up
0.6% and 0.8%

    (Reporting by Katha Kalia in Bengaluru)
 ((katha.kalia@thomsonreuters.com))