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US energy stocks rise after new strikes on Saudi Arabia, Strait of Hormuz

BUZZ-US energy stocks rise after new strikes on Saudi Arabia, Strait of Hormuz

** Shares of U.S. energy companies rise premarket, as oil prices gain over 3% O/R

** Brent crude futures LCOc1 up 3.3% at $108.06/barrel and U.S. West Texas Intermediate crude CLc1 jump 3.1% to $103.18/barrel

** Oil prices rise after new strikes on Saudi Arabian energy and civilian infrastructure and Iranian attacks on ships in the Gulf compounded supply concerns following the closure of a key Saudi oil pipeline

** Top oil and gas companies Exxon Mobil XOM.N and Chevron CVX.N rise 1.8% and 1.9% respectively

** Shares of ConocoPhillips COP.N, EOG Resources EOG.N, Diamondback Energy FANG.O and Occidental Petroleum OXY.N gain between 1.6% and 2.9%

** Shares of oilfield service providers Halliburton HAL.N and SLB SLB.N add 1% and 1.7% respectively

** Refiners Marathon Petroleum MPC.N and Valero Energy VLO.N up 2.1% and 1.9% respectively


(Reporting by Pooja Menon in Bengaluru)

((Pooja.Menon@thomsonreuters.com;))

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