Shares of energy companies were more or less flat amid volatility in oil prices.
Brent crude futures spiked in early trading, testing the $120-per-barrel level.
In New York, oil futures briefly topped $100 a barrel and finished the session up 4.3% at $94.77.
Oil futures pared gains after a statement from the Group of Seven nations, including the U.S., the U.K., Canada and France.
"We stand ready to take necessary measures, including to support global supply of energy such as stockpile release," said the Group of Seven nations in a release after meeting virtually.
Oil fell further after CBS News reporter Weijia Jiang said Trump told her in an interview that the U.S. was "very far" ahead of his initial estimate of a four-week conflict and that the war could be over "soon."
Gulf producers cut production due to Iranian attacks on the Strait of Hormuz.
Shell agreed to sell Jiffy Lube International and Premium Velocity Auto to Monomoy Capital Partners for $1.3 billion.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
03-09-26 1742ET
