OVV - Exxon others score 52-week highs as energy stocks ride oil price surge

Energy ([[XLE]] +2.7%) forges to the front of the S&P sector standings, although it has backed a bit off its opening high amid general weakness in the market.The gains come as crude oil futures climb to their highest levels in nearly two years, a day after OPEC and its allies said they would rollover current production cuts to the end of April.April WTI (CL1:COM) +3.4% to $66.04/bbl and May Brent (CO1:COM) +3.7% to $69.21/bbl, after both benchmarks surged 4.2% yesterday.The energy group has surged more than 7% this week, extending its Q1 gain to 35% vs. a 0.5% loss so far on the S&P 500.Among several names hitting 52-week highs today: [[COP]] +4.5%, [[CVE]] +2.6%, [[DVN]] +6.5%, [[EOG]] +1.8%, [[FANG]] +7.6%, [[HES]] +3.1%, [[MRO]] +2.2%, [[OVV]] +2.1%, [[PXD]] +3%, [[TOT]] +2%, [[TRGP]] +1.6%, [[XOM]] +2.3%.ETFs: [[USO]], [[XLE]], [[UCO]], [[XOP]], [[VDE]], [[GUSH]], [[OIH]], [[ERX]], [[BGR]], [[BNO]]Goldman Sachs raises its Brent crude

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Exxon, others score 52-week highs as energy stocks ride oil price surge