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)
Recent news on Halliburton
See all newsUS energy stocks rise as oil jumps on Saudi attack fears
Street View: Analysts positive on Halliburton after 2027 outlook
US RESEARCH ROUNDUP-Eli Lilly, Netflix, Zscaler
US STOCKS-Dow leads Wall Street higher, investors focus on healthcare stocks
US STOCKS-Wall Street rises with investors rotating into healthcare and value stocks