** Shares of oil and gas companies rise premarket, tracking gains in crude prices
** Brent crude up 0.6% at $83.52/bbl and U.S. West Texas Intermediate crude up 0.8% at $78.74/bbl, after Saudi Arabia hikes June prices for most regions
** Dimming prospects of a ceasefire in Gaza, which renewed fears the Israel-Hamas conflict can still widen in the key oil-producing region, also support oil prices
** Energy majors Exxon Mobil and Chevron rise 0.5% and 0.6%, respectively
** Shares of Permian Resources , Marathon Oil , EOG Resources , APA Corp and ConocoPhillips
gain between 0.9% and 1.4%
** Oilfield services firms SLB , Halliburton , and Baker Hughes rise between 1% and 1.5%
(Reporting by Vallari Srivastava in Bengaluru)
((Srivastava.Vallari@thomsonreuters.com;))
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