Shares of energy companies rose ahead of jobs data as oil futures continued their advance.
Shell declined after the integrated oil giant warned third-quarter earnings would take a hit from refining margins and "significantly lower" profit from trading natural gas, amid historic volatility. Some other global oil majors such as BP fell in sympathy.
President Biden is exploring a response to the decision by the Organization of the Petroleum Exporting Countries and its Russia-led allies to cut oil production.
The blasts that damaged the Nord Stream natural-gas pipelines linking Russia to Europe were likely deliberate, Swedish investigators said.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
10-06-22 1725ET
