MW : Energy stocks rise with broad market, commodities
Britain's Independent newspaper reported Persian Gulf energy producers are planning to sell their oil via a basket of currencies rather than the dollar, but the assertion brought a string of denials, including from the head of Saudi Arabia's central bank. The NYSE Arca Oil Index (XOI 1,030, +19.71, +1.95%) jumped 1.5% to 1,024. The NYSE Arca Natural Gas Index (XNG 501.63, +9.57, +1.95%) rose 1.4% to 499. The Philadelphia Oil Service Index