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Energy Flat as Oil Closes Above $87/Barrel - Energy Roundup

Provided by Dow Jones Aug 22, 2026, 2:36:00 AM

Shares of energy companies were more or less flat as oil futures closed above $87 a barrel in New York.

Oil futures rose for the sixth consecutive session.

U.S. oil major ConocoPhillips hit an all-time intraday high. Rivals Chevron and Exxon Mobil are also trading up sharply for the year to date as the Iran conflict boosts commodity prices.

The State Street SPDR Oil & Gas Exploration & Production exchange-traded fund, a basket of major production companies, closed at the highest level since 2015.

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

(END) Dow Jones Newswires

August 21, 2026 17:36 ET (21:36 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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