BUZZ-Energy companies gain on higher crude prices
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Energy companies are experiencing gains as the S&P 500 energy index rises by 1.2%, driven by a 2.4% increase in Brent crude prices to $62.07 per barrel and a 2.6% rise in U.S. West Texas Intermediate crude to $58.22 per barrel. The increase in crude prices follows investor speculation regarding U.S.-Ukrainian talks and potential oil supply disruptions in the Middle East. Major energy firms like Chevron, Devon Energy, and Exxon Mobil saw gains between 0.9% and 2%.
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