Market News / Story
Diamondback Energy, DHT Holdings, Kosmos Energy, SM Energy, and Chord Energy Stocks Trade Up, What You Need To Know
Stock Story ·
Stock Story reports: What Happened? A number of stocks jumped in the afternoon session after a Gulf tanker attack slowed traffic through the strait, while hurricane-driven production halts shut in Gulf of Mexico output, the Financial Times noted. The resulting supply squeeze lifted Brent crude above $104 per barrel and West Texas Intermediate to $92, according to CNBC.When global supplies face sudden restrictions, benchmark crude prices tend to spike, boosting revenue expectations and…