Energy companies gain on higher crude prices

Texas Pacific Land (Dover)

29/12/2025 16:00

** S&P 500 energy index .SPNY up 1.2%, tracking higher crude prices O/R

** Brent crude futures LCOc1 up 2.4% at $62.07/barrel and U.S. West Texas Intermediate crude CLc1 gains 2.6% to $58.22/barrel

** Crude prices climb over $1 as investors weigh talks between U.S. and Ukrainian presidents on a possible deal to end the war in Ukraine against potential oil supply disruption in the Middle East

** Energy major Chevron CVX.N rise 0.9%

** Texas Pacific Land TPL.N, Devon Energy DVN.N, Diamondback Energy FANG.O and Exxon Mobil XOM.N rise between 1.6% and 2%; among the top percentage gainers on the energy index

** Oilfield services company Halliburton HAL.N up marginally

** Refiners Phillips 66  PSX.N and Marathon Petroleum  MPC.N both up 0.6%

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))