Oil stocks hit record close as Exxon rises on Iran risk; what to watch next week
U.S. energy stocks closed at record highs Friday, with Exxon up 2.03% and Brent crude settling at $68.05 a barrel after volatile trading tied to U.S.-Iran talks. The S&P 500 energy index rose 1.88% to 820.03. Investors await U.S. oil supply data due Feb. 10-11. Gulf markets climbed Sunday after Iran called talks a “good start.”