US stock movement | Most oil and gas stocks are strengthening Battalion Oil(BATL.US) up over 18%

LootboxPhobia · 2026-02-27T20:28:44+00:00

Oil and gas stocks generally rose, influenced by a 2.6% increase in Brent crude oil prices. Tensions in the Middle East escalated as the U.S. deployed more fighter jets and aircraft carriers to Israel, increasing the risk. Both sides will continue negotiations, and the risk of war still exists.

LootboxPhobia

2026-02-27 20:28:44

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Smartfin Financial APP learns that on Friday, most oil and gas stocks rose, with Battalion Oil (BATL.US) up over 18%, Occidental Petroleum (OXY.US) up nearly 3%, EQT Energy (EQT.US) up over 2%, Apache Oil (APA.US) up over 1%, and ConocoPhillips (COP.US) up nearly 1%. On the news front, Brent crude oil futures surged 2.6%, reaching $72.70.

Tensions in the Middle East continue to escalate. According to the latest reports, on February 26 local time, satellite images showed that 11 U.S. F-22 Raptor stealth fighters had been deployed to Ovda Air Force Base in southern Israel. Additionally, the U.S. Navy’s largest aircraft carrier, the USS Ford, left the Greek island of Crete and is heading toward Israel. Reports indicate that although negotiations between the U.S. and Iran will continue next week, the risk of war between the two countries is “approaching” as the U.S. gathers a large fleet of fighter jets and warships in the Middle East.

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