Exxon, Chevron And 4 U.S. Energy Stocks To Watch Today As Oil Spikes On Iran Risk
Energy shares in the U.S. surged to lead the market Friday, thanks to a more than 3% spike in oil prices. Exxon Mobil, Chevron, ConocoPhillips, Occidental Petroleum, SLB, and Halliburton all landed on the day’s watch list ahead of the New York session. Brent crude moved up to $109.19 a barrel by 0925 GMT, Reuters said, with West Texas Intermediate reaching $104.89. After meeting with Chinese President Xi Jinping, President Donald Trump warned that his patience with Iran was wearing thin. Vandana Hari, who runs Vanda Insights, noted attention had shifted squarely back to the current deadlock and the heightened risk of military flare-ups close to the Strait of Hormuz.