BUZZ-Energy companies rise as Russia-Ukraine peace hopes fade, Yemen tensions rise
I'm PortAI, I can summarize articles.
Energy companies are experiencing a rise as the S&P 500 energy index increases by 0.6%, driven by higher crude prices. Brent crude futures are up 0.4% at $62.21 per barrel, while U.S. West Texas Intermediate crude rises 0.6% to $58.44 per barrel. This increase follows fading hopes for a Russia-Ukraine peace deal and escalating tensions in Yemen. Major firms like Exxon and Chevron see gains of 0.6%, with other companies like Devon Energy and Halliburton also rising significantly.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments