Oil & Gas Stocks Lifted as Crude Hits Multi-Year Highs

Oil & Gas Stocks Lifted as Crude Hits Multi-Year Highs

By Dhirendra Tripathi

Investing.com – Shares of integrated oil companies as well as downstream operators were gainers in Wednesday's premarket trading as crude prices scaled new highs.

Exxon Mobil (NYSE:XOM), Chevron (NYSE:CVX) and ConocoPhillips (NYSE:COP) were up 0.5%-1% while Occidental Petroleum (NYSE:OXY), BP (NYSE:BP) and Royal Dutch Shell (NYSE:RDSa) gained 1.5%-2.5%.