BUZZ - Oil stocks rise due to uncertain prospects following Iran's termination of war negotiations

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November 11 - ** As oil prices rise, shares of U.S. oil and gas companies climb

** On Wednesday, oil prices rose by about 3% from a two-month low reached in the previous trading session. Previously, the head of Iran's National Security Agency stated that Tehran would absolutely not allow even a single grain of enriched nuclear material to leave the country O/R

** As of GMT 15:31, Brent crude futures LCOc1 rose $2.77, up 3.03%, to $94.26 per barrel; U.S. West Texas Intermediate crude CLc1 rose $2.27, up 2.64%, to $88.31 per barrel

** “Although expectations of improved supply from the Middle East and bearish U.S. inventory data are putting pressure on the market, uncertainty surrounding U.S.-Iran tensions continues to provide some support,” ING analysts said in a report

** Oil giants Exxon Mobil (XOM.N) rose 1.3%, Chevron (CVX.N) increased by 0.85%

** SM Energy SM.N and Devon Energy DVN.N both rose more than 2%

** Other producers APA APA.O, Occidental Petroleum OXY.N, and EOG Resources EOG.N saw gains between 0.9% and 2%

** Refiners PBF Energy PBF.N jumped about 4.7%, Valero Energy VLO.N was up 2.9%

** Oilfield services provider Baker Hughes BKR.O rose 3.6%; Schlumberger SLB.N and Halliburton HAL.N increased by 2.1% and 2.8%, respectively

(To help non-native English speakers, Reuters has automated the translation of its reports into several other languages. As automated translations may contain errors or lack proper context, Reuters does not guarantee the accuracy of the translated text and provides it solely for reader convenience. Reuters assumes no liability for any damage or loss caused by the use of automated translation.)