BUZZ—Limited progress in US-Iran negotiations, US energy stocks rise

September 24 - ** Driven by rising oil prices, shares of energy companies listed in the US rose in pre-market trading O/R

** Brent crude oil futures LCOc1 rose 1.8% to $104.8 per barrel; US West Texas Intermediate crude oil CLc1 rose 1.6% to $93.6 per barrel

** Oil prices increased (link) as diplomatic negotiations between the US and Iran showed no significant progress, while investors focused on uncertainties regarding a potential US ban on diesel exports

** Major oil giants Exxon Mobil XOM.N and Chevron CVX.N both rose about 1%

** APA Corporation APA.O rose 1.4%, Occidental Petroleum OXY.N and Diamondback Energy FANG.O rose 1.3% respectively

** Oilfield service providers Halliburton HAL.N and SLB SLB.N both rose about 1%

** Refinery stocks also performed well, with Marathon Petroleum MPC.N and Phillips 66 PSX.N both rising 1.1%

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