Exxon hits record high, energy firms gain tracking crude prices

S&P 500 Energy index .SPNY up 2.2%, tracking rising crude prices O/R

Brent crude futures LCOc1 up 3% at $65.77/barrel, and U.S. West Texas Intermediate crude CLC1 gains 2.9% to $61.28/barrel

Prices rise as heightened concerns surrounding major producer Iran and potential supply disruptions overshadowed the prospect of increased crude supply from Venezuela

Oil majors Exxon XOM.N and Chevron CVX.N up 2% and 1.8%, respectively

Exxon shares hit record high, surpass Oct 2024 peak

EOG Resources EOG.N, Texas Pacific Land Corp TPL.N, Devon Energy DVN.N and APA Corp APA.O up between 3.6% and 4.6%; among biggest percentage gainers on the index

Oilfield services firms Halliburton HAL.N and Baker Hughes BKR.O up 2.6% and 1.6%, respectively

Refiners Valero Energy VLO.N up 2.7% and Marathon Petroleum MPC.N rise 1.3%