Energy Majors Gain Premarket as Oil Rallies

Energy Majors Gain Premarket as Oil Rallies

By Dhirendra Tripathi

Investing -- Shares of energy majors were trading higher in Tuesday's premarket, as fast economic recovery in large economies propelled crude prices beyond $70 a barrel ahead of a crucial OPEC+ meet.

Exxon Mobil (NYSE:), Chevron (NYSE:), Marathon Petroleum (NYSE:), BP (NYSE:) and Royal Dutch Shell (NYSE:) were all up 1.5%-2% as the latest data from Europe and China pointed to a strong economic recovery.