Oil firms rise as crude rallies on hopes over U.S-China trade talks

S&P 500 energy index up 1.3%, tracking prices of oil O/R

Brent crude futures LCOc1 up 1.5% at $62.01/barrel; U.S. West Texas Intermediate crude futures CLc1 rise 1.8% to $59.09/barrel

Oil prices rises on hopes of a breakthrough in looming U.S.-China trade talks, the world's two largest oil consumers

Energy majors Chevron CVX.N and Exxon XOM.N up 0.8% and 1.2%, respectively

Halliburton HAL.N, Marathon Petroleum MPC.N, Devon Energy DVN.N and Occidental petroleum OXY.N up between 3.1% and 4.9%; among top percentage gainers on the energy index

Refiners Valero Energy VLO.N and Phillips 66 PSX.N up 2.7% and 2.9%, respectively

Oilfield services companies Baker Hughes BKR.O up 1.1% and SLB SLB.N up 2.3%