Oil stocks gain as equity markets rebound

S&P 500 energy index up 1.7%, tracking prices of oil O/R

Brent crude futures LCOc1 up 0.9% at $66.85/barrel and U.S. West Texas Intermediate crude CLc1 rises 1% to $63.75/ barrel

Oil prices rise as equity markets rebound, though concerns persist over economic headwinds from tariffs and U.S. monetary policy that could dampen fuel demand

Energy majors Exxon XOM.N and Chevron CVX.N up 2.3% and 1.9%, respectively

Marathon Petroleum MPC.N, APA Corp APA.O, Targa Resources TRGP.N and Devon Energy DVN.N up between 2.4% and 4.8%; among top percentage gainers on the energy index

Refiners Valero Energy VLO.N and Marathon Petroleum MPC.N up 2.6% and 2.9%, respectively

*Halliburton HAL.N falls 5.7% after it posted a lower Q1 profit earlier today, dragging down other oil field services stocks; SLB SLB.N and Patterson-UTI Energy PTEN.O down ~1%