Energy firms rise as crude prices hedge higher

Sport Lisboa e Benfica Futebol SAD

30/06/2023 19:18

** S&P 500 energy index  .SPNY  rises 1.1% tracking gains in
oil prices
    ** Brent crude futures  LCOc1  up 0.8% at $74.95 a barrel;
U.S. West Texas Intermediate (WTI) crude  CLc1  rises 1.2% to
$70.66 a barrel; signs of strengthening U.S. economic activity
and sharp declines in U.S. oil inventories last week offered
some support to oil prices
    ** Oil majors Chevron Corp  CVX.N  and Exxon Mobil Corp
 XOM.N  each up 0.9%
    ** Baker Hughes  BKR.O , APA Corp  APA.O , EOG Resources
 EOG.N , Hess Corp  HES.N  and SLB NV  SLB.N  gain between 1.4%
and 2.4%; among top pct. gainers on the energy index
    ** Midstream Valero Energy  VLO.N  and Marathon Petroleum
 MPC.N  up 0.7% and 0.8%, respectively
    ** Oilfield services company Halliburton  HAL.N  up 0.5%

 (Reporting by Tanay Dhumal in Bengaluru)
 ((Tanay.Dhumal@thomsonreuters.com; 
Twitter: https://twitter.com/TanayDhumal))