Oil Stocks Jump As Crude Rockets Higher
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With the ongoing surge in crude oil, shares of oil related companies are moving higher.
Light, Sweet crude is trading near the $100 level and Brent is near $112. West Texas Intermediate crossed above the $100 level.
Major Integrated Oil & Gas Cos:
Exxon Mobil Corp. (NYSE: XOM) +2.5%
ConocoPhillips (NYSE: COP) +2.6%
Chevron Corp. (NYSE: CVX) +2.9%
Marathon Oil Corporation (NYSE: MRO) +3.5%
Energy Select Sector SPDR (NYSE: XLE) +2.1%
Light, Sweet crude is trading near the $100 level and Brent is near $112. West Texas Intermediate crossed above the $100 level.
Major Integrated Oil & Gas Cos:
Exxon Mobil Corp. (NYSE: XOM) +2.5%
ConocoPhillips (NYSE: COP) +2.6%
Chevron Corp. (NYSE: CVX) +2.9%
Marathon Oil Corporation (NYSE: MRO) +3.5%
Energy Select Sector SPDR (NYSE: XLE) +2.1%
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