The MarketReader Minute
⚡️Energy Gains on Geopolitical Risk and Oil Price Surge, Chevron Rises on Oil Rally and Strategic Lithium Acquisition in U.S. | Energy Sector Insights
The energy sector rose sharply today, supported by rising oil prices amid intensifying military exchanges between Israel and Iran. Brent crude extended gains, and ETF flows hit their highest since October 2023, according to BofA. Top performers within XLE included Exxon, Chevron, and Valero.