Shares of integrated oil and gas companies are trading lower amid a crude price pullback after reports suggesting that the U.S. and Iran could resume negotiations and that Iran will stop its military strikes as long as the U.S. refrains from bombing.

Shares of oil and gas related-companies are lower amid reports suggesting that Saudi Arabia is attempting to restore crude oil exports quickly through pipeline repairs and ship-to-ship transfers. Also, API and EIA data indicated weekly U.S. crude and distillate inventory growth, further pressuring the oil price.

This Asbury Automotive Group Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday

Analysts upgraded Sweetgreen, Cenovus, Asbury Automotive, Magnolia Oil & Gas and Sensata Technologies, with targets raised or set.

Benzinga's 'Stock Whisper' Index: 5 Stocks Investors Secretly Monitor But Don't Talk About Yet

The Benzinga Stock Whisper Index highlights five unique stocks each week that attract high reader and investor interest.

Shares of integrated oil and gas companies are trading higher amid energy price gains due to concerns that the U.S. and Iran aren't making meaningful headway in negotiations to reopen the Strait of Hormuz peacefully and without transit fees.

Continental Resources Announces MOU With PDVSA To Operate And Develop 126,000-Acre Ayacucho 2 Block In Venezuela's Orinoco Belt With 100% Working Interest; Terms Not Disclosed

Saipem Lands $350M Contract for West Hub Tails Project in Angola

Saipem has won a $350 million subsea contract for Azule Energy's West Hub Tails project offshore Angola. The work includes engineering, fabrication, and installation of 62 km of flowlines, risers, and umbilicals tied to the Agogo FPSO. The project will extend the productive life of four mature fields by rerouting production from the aging Ngoma FPSO to the newer Agogo FPSO over approximately 2.5 years.