Oil cos up as rebound in China's import, tariff exemption lift crude prices

Shares of U.S. oil companies climb in morning trade as crude prices edge up

Brent crude futures LCOc1 up 0.32% at $64.97/bbl while U.S. West Texas Intermediate crude futures CLc1 rise 0.27% to $61.66/bbl, after U.S. exclusions on some tariffs and Chinese data showing a sharp rebound in crude imports in March O/R

Gains were capped by concerns the trade war between the United States and China could weaken global economic growth and dent fuel demand

Oil majors Exxon Mobil XOM.N and Chevron CVX.N climb 1.05% and 1.36%, respectively

Devon Energy DVN.N, Marathon Petroleum MPC.N, Halliburton HAL.N and Expand Energy EXE.O rise between 1.8% and 2.06%, among the top pct gainers on the S&P 500 Energy Sector .SPNY

Top oilfield services firm SLB SLB.N up ~1%