
U.S. energy firms rise premarket as oil prices edge higher
Brent crude futures LCOc1 up 1.4% at $80.87 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 rises 1.8% to $77.98 a barrel
Oil prices rise on wider U.S. sanctions on Russian oil and the expected effects on exports to top buyers India and China
Oil majors Chevron CVX.N and Exxon Mobil XOM.N up 0.8% and 1%, respectively
Producers APA APA.O, Diamondback Energy FANG.O and ConocoPhillips COP.N each up 1.3%
Oilfield services firms SLB SLB.N and Baker Hughes BKR.O up 1% and 1.1%, respectively
(Reporting by Tanay Dhumal in Bengaluru)
((Tanay.Dhumal@thomsonreuters.com;
Twitter: https://twitter.com/TanayDhumal))