Shares of oil-and-gas companies rose after a promising sign in supplies data. The U.S. Energy Department said its estimate of domestic crude production ticked below 9 million barrels a day last week for the first time since September 2014, hinting that the oil glut is finally dissipating, at least in the U.S. Exxon Mobil made a court filing in opposition to the government's investigation over whether the oil giant covered up its knowledge of the effects of fossil fuels on the climate. (rob.curran@dowjones.com)

 

(END) Dow Jones Newswires

April 13, 2016 16:37 ET (20:37 GMT)

Copyright (c) 2016 Dow Jones & Company, Inc.
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