Shares of integrated oil and gas companies are trading higher as crude prices gain after Iranian strikes directed at U.S. assets in Jordan. Also, President Trump said the U.S. would respond "hard" to the attack.

Shares of oil and gas related-companies are lower following 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.

Evercore ISI Group Reiterates Developing on BP, Maintains $52 Price Target

Evercore ISI Group analyst Stephen Richardson reiterates BP (NYSE:BP) with a Developing and maintains $52 price target.

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.

Venture Global's China Gas Agreement Expands Long-Term LNG Sales

Venture Global signed a new 20-year Sales and Purchase Agreement with China Gas to supply 0.5 MTPA of U.S. LNG beginning in 2030, bringing total contracted volume with China Gas to 2.5 MTPA. The deal enhances Venture Global's long-term revenue visibility and positions the company to benefit from the global shift toward cleaner energy transition fuels.

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

Warren Buffett, Donald Trump Bet on Same 17 Stocks — Some Might Surprise You

The investment portfolio of President Donald Trump and Berkshire Hathaway have 17 stocks in common. Here's a look at the list.