FANG - Marathon Oil Occidental surge to top of S&P 500 leaderboard as crude climbs

Energy (NYSEARCA:XLE +3.0%) was the easy winner of Monday's S&P sector standings, with crude oil prices climbing to their highest finish in nearly two weeks as European Union foreign ministers considered a ban on Russian energy. April WTI crude (CL1:COM) closed +7.1% to $112.12/bbl and May Brent crude (CO1:COM) also settled +7.1% to $115.62/bbl, with both benchmarks closing at their highest levels since March 8, when prices ended at their highest since 2008. Marathon Oil (NYSE:MRO +8.5%) and Occidental Petroleum (NYSE:OXY +8.4%) rocketed to the top of the S&P leaderboard, with other strong gainers including HES +6.6%, FANG +6.4%, EOG +5.7%, DVN +5.4%, PXD +4.7%, XOM +4.5%, APA +4.5%, RIG +4.4%, VLO +4.2%, HAL +4.2%, KMI +4.1%. ETFs: NYSEARCA:USO, UCO, SCO, BNO, XOP, VDE, OIH, DRIP "Optimism is seeping away about progress in talks to achieve a ceasefire in Ukraine, and that has sent the price of oil on the march

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Marathon Oil, Occidental surge to top of S&P 500 leaderboard as crude climbs