tradingkey.logo

Oil companies rise as crude gains after Israel attacks Hamas leaders in Qatar

ReutersSep 9, 2025 2:25 PM

** S&P 500 Energy Index .SPNY climbs 1.6%, as oil extends gains after the Israeli military said it carried out an attack on Hamas leadership in Qatari capital Doha in an escalation of the conflict in the region

** Brent crude LCOc1 climbs 1.4% to $66.93/bbl, while U.S. West Texas Intermediate crude CLc1 rises 1.5% to 463.17/bbl O/R

** Oil majors Exxon XOM.N and Chevron CVX.N rise 1.9% and 1.3%, respectively

** ConocoPhillips COP.N, Marathon Petroleum MPC.N, APA APA.O, Phillips 66 PSX.N and Valero Energy VLO.N among the top pct gainers on the energy index, up between 2% and 3%

** Both crude contracts were already trading higher, supported by the latest oil output increase from OPEC+ being smaller than anticipated, expectations that China will continue stockpiling oil and concerns over potential new sanctions against Russia

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI