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Energy Up as Oil Rebounds — Energy Roundup

Shares of energy companies rose as oil futures recouped recent losses associated with Chinese protests.

Oil futures dipped to around $75 a barrel in New York at one stage Monday but closed back above $78 Tuesday.

On Tuesday, Chinese authorities sought to prevent assembly of protesters, attempting to contain the resistance to Covid 19 restrictions and prevent prolonged civil unrest.

Qatar signed a small-scale agreement to supply Germany with natural gas, as the industrial nation scrambles to replace supplies from Russia.

 

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

November 29, 2022 17:09 ET (22:09 GMT)

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