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Energy stocks gain as investors shift focus to demand signals

ReutersJun 26, 2025 2:46 PM

Shares of energy companies rise, tracking gains in crude prices O/R

Brent crude futures LCOc1 up 1% at $68.36/barrel; U.S. West Texas Intermediate crude CLc1 rise 1.2% to $65.71/barrel

Oil prices gain as investors remained cautious about the Iran-Israel ceasefire and shifted their attention to market fundamentals after a stock draw in the U.S.

Energy majors Exxon Mobil XOM.N and Chevron CVX.N up marginally

APA Corp APA.O, Williams Companies WMB.N, Halliburton HAL.N and Texas Pacific Land TPL.N rise between 1.7% and 3.3%; among the top percentage gainers on the energy index

Oilfield services company Baker Hughes BKR.O and SLB SLB.N up 1.5% and 1.3%, respectively

Refiners Marathon Petroleum MPC.N up 1.4% and HF Sinclair DINO.N gain 1.6%

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