U.S. energy stocks moved higher in premarket trading on Aug. 31 after international crude prices advanced, according to market data from BIT (Bit.com). Halliburton led the named gainers with a 2.27% rise. Valero Energy added 2.17%, Occidental Petroleum rose 1.79%, Chevron gained 1.58%, Exxon Mobil advanced 1.3%, and Marathon Oil climbed 1.55%. At the time of publication, both U.S. crude and Brent crude were up more than 3% on the day, trading at $85.54 per barrel and $90.86 per barrel, respectively. The move in oil prices was cited as the driver behind the broad premarket gains across the energy sector.
U.S. energy stocks posted broad gains in premarket trading on Aug. 31 as international crude prices moved higher, according to market data from BIT (Bit.com).
Among the names cited, Halliburton (HAL.N) rose 2.27%, Valero Energy (VLO.N) gained 2.17%, Occidental Petroleum (OXY.N) climbed 1.79%, Chevron (CVX.N) added 1.58%, Exxon Mobil (XOM.N) advanced 1.3%, and Marathon Oil (MRO.N) was up 1.55%.
As of publication, both U.S. crude and Brent crude were up more than 3% on the day, trading at $85.54 per barrel and $90.86 per barrel, respectively.
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