In trading on Friday, oil & gas exploration & production shares were relative leaders, up on the day by about 4%. Leading the group were shares of California Resources, up about 14.7% and shares of Denbury Resources up about 13% on the day.
Also showing relative strength are oil & gas equipment & services shares, up on the day by about 2.5% as a group, led by Carbo Ceramics, trading higher by about 11.7% and Noble, trading higher by about 11.3% on Friday.
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