Here's why the Tullow Oil, Shell, and BP share prices are rising

Energy stocks are jumping, helped by the strong performance of crude oil prices. In the UK, the Shell (LON: SHEL) share price surged to a high of 2,737p on Wednesday. BP (LON: BP) surged to 511p while Tullow Oil spiked to 32p, higher than this year’s low of 26.35p.XLE vs QQQ vs SPY Crude oil price is surging Copy link to section Globally, oil and gas stocks have soared to their all-time highs. As I wrote here, the Energy Select Sector SPDR Fund (XLE) has jumped to the highest point on record. It has outperf ...