Shares of energy companies ticked down as traders hedged their bets on the outlook for peace in the Middle East.

Oil futures finished up slightly at $95.42 a barrel in New York as Iran was set to give its response to the latest U.S. peace proposal.

Oil lost 6.4% this week, but rebounded from deeper losses as hopes for a peace deal faded.

Venezuela's state-owned oil company, Petróleos de Venezuela SA, hired law firm White & Case to protect its interests in the pending Citgo Petroleum sale.


Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

05-08-26 1711ET