Energy Up With Oil After Powell Testimony -- Energy Roundup

02/23/2021 | 04:56pm

Shares of energy companies rose alongside oil futures on a volatile trading session after reassurances from Federal Reserve Chairman Jerome Powell.

In Texas, meanwhile, oilfields and refineries are still returning to full capacity. Snowstorms in Texas knocked about 40% of U.S. crude production off line last week, said Robbie Fraser, manager of global research and analytics at Schneider Electric.

 Write to Rob Curran at 

(END) Dow Jones Newswires

02-23-21 1656ET

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