Shares of energy companies rose as oil futures pared losses to finish the week above $83 a barrel.
Shares of energy companies rose as oil futures pared losses to finish the week above $83 a barrel.
There were also hopes for new development in one sleeping giant of the oil patch.
Chevron and other U.S. energy companies are nearing deals to invest billions of dollars in Venezuelan oil fields, positioning President Trump for a win after months of slow negotiations.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
Shares of energy companies rose despite a sharp drop in oil futures.
Shares of energy companies fell as oil futures recouped some of their recent losses.
Shares of energy companies ticked up as oil futures gained.
Shares of energy companies rallied alongside oil futures.
Shares of energy companies rose alongside oil futures as the Strait of Hormuz remained largely closed.
Shares of energy companies rose after strong earnings from the two largest U.S. oil producers.
