Shares of energy companies rose after strong earnings from Exxon Mobil.
Shares of Exxon rose after the largest U.S. oil company by market capitalization posted fourth-quarter earnings of $12.8 billion, up from $8.9 billion in the same period the year before.
Oil futures ticked up, but completed their third straight monthly decline as supply-shortage fears faded during a relatively mild winter in Europe.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
01-31-23 1657ET
