Energy stocks gain as investors shift focus to demand signals

Texas Pacific Land (Dover)

26/06/2025 15:46

** Shares of energy companies rise, tracking gains in crude prices O/R

** Brent crude futures LCOc1 up 1% at $68.36/barrel; U.S. West Texas Intermediate crude CLc1 rise 1.2% to $65.71/barrel

** Oil prices gain as investors remained cautious about the Iran-Israel ceasefire and shifted their attention to market fundamentals after a stock draw in the U.S.

** Energy majors Exxon Mobil XOM.N and Chevron CVX.N up marginally

** APA Corp APA.O, Williams Companies WMB.N, Halliburton HAL.N and Texas Pacific Land TPL.N rise between 1.7% and 3.3%; among the top percentage gainers on the energy index

** Oilfield services company Baker Hughes BKR.O and SLB SLB.N up 1.5% and 1.3%, respectively

** Refiners Marathon Petroleum MPC.N up 1.4% and HF Sinclair DINO.N gain 1.6%

 (Reporting by Sumit Saha in Bengaluru)

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