
Why Oil and Gas Stocks Rallied on Thursday
Shares of oil and gas major stocks ExxonMobil (XOM 2.56%), Chevron (CVX 1.74%), and ConocoPhillips (COP 3.02%) rallied on Thursday, up 3.8%, 3.4%, and 4.2%, respectively, as of 2 p.m. ET. The cross-industry gains reflected higher oil prices, which were up …