Overview

• Halliburton notched a fifth straight daily gain, up about 9.8% over five sessions, lifting its market value by roughly $2.1 billion to around $21 billion.
• Brent crude moved above $67 a barrel and West Texas Intermediate topped $63 as traders reacted to heightened supply-risk headlines.
• NATO leaders signaled a “robust” response to a reported incursion into alliance airspace, while Russian officials denied the account.
• Reports indicated Russia may keep certain diesel export restrictions in place as Ukrainian strikes continue to target energy storage sites.
• Halliburton’s results are highly sensitive to oil prices, and the company carries about $8.5 billion in gross debt and $6.5 billion in net debt.