Energy firms rise after Russia's Novak hints at OPEC+ output reversal

S&P 500 energy index .SPNY up 1.5%, as oil prices rise O/R

Brent LCOc1 crude futures up 1.4% at $70.45/barrel; U.S West Texas Intermediate crude CLc1 up 1.4% at $67.29

Oil prices rise, helped by Russian Deputy Prime Minister Alexander Novak's suggestion that OPEC+ could reverse its output increase after April

Oil majors Chevron CVX.N and Exxon XOM.N up 2% and 1.9%, respectively

*Devon Energy DVN.N, Occidental Petroleum OXY.N, Halliburton HAL.N and SLB SLB.N up between 2.9% and 4.2%; among top percentage gainers on the energy index

Oilfield services companies Baker Hughes BKR.O and Transocean RIG.N up 1.03% and 8.6%

Refiners HF Sinclair Corp DINO.N up 1.5% and Phillips 66 PSX.N up 1.3%