Energy Flat as Oil Closes Above $87/Barrel - Energy Roundup
Dow Jones05:21
Shares of energy companies were more or less flat as oil futures closed above $87 a barrel in New York.
Oil futures rose for the sixth consecutive session.
U.S. oil major ConocoPhillips hit an all-time intraday high. Rivals Chevron and Exxon Mobil are also trading up sharply for the year to date as the Iran conflict boosts commodity prices.
The State Street SPDR Oil & Gas Exploration & Production exchange-traded fund, a basket of major production companies, closed at the highest level since 2015.
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