Oil firms rise on US-China tariff reductions

Shares of U.S. oil firms rise premarket, tracking jump in oil prices

Brent crude futures LCOc1 up 3.2% at $65.94/barrel; U.S. West Texas Intermediate crude CLc1 climb 3.4% to $63.08/barrel

Oil prices rise after the U.S. and China said they would ease some of their tariff measures, raising hopes of an end to the trade war between the world's two largest crude consumers O/R

Energy majors Chevron CVX.N and Exxon XOM.N rise 2.7% and 2.3%, respectively

APA Corp APA.O gains 3.9%, EOG Resources EOG.N up 2.3%, Devon Energy DVN.N rise 3.4% and ConocoPhillips COP.N gains 3.8%

Oilfield service companies Halliburton HAL.N rise 4.2% and SLB SLB.N up 3.5%

Refiners Marathon Petroleum MPC.N up 3.1%, Phillips 66 PSX.N 2.8% higher, PBF Energy PBF.N firms 2.3%