Benzinga
Why Marathon Oil Shares Are Rising
Shares of several energy companies, including Marathon Oil Corporation (NYSE: MRO), are trading higher in sympathy with the price of oil on increased demand. Shares of several energy companies were also trading higher Tuesday as oil prices continue to rise following OPEC+ decision to stay with an existing pact to increase oil output by 400,000 bpd in November. Companies in the broader oil sector also continue to see strength as oil prices gain amid ongoing supply concerns from the impact of Hurr