BUZZ-Oil and gas producers: Oil prices rise

Tue Oct 13, 2015 12:12pm EDT
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** Oil and gas companies' shares rise 2-11 pct

** Oil prices rise with technical support for U.S. crude, despite a weaker demand outlook from the International Energy Agency (IEA) which is expected to keep the world oil market oversupplied for at least another year

Traders note weaker dollar added some support to prices

** Brent was trading at $50.05 per barrel and U.S. crude was trading at $47.68 per barrel at 11:46 a.m. ET

** Oil E&P cos: Baytex Energy Corp up 8 pct, Energy XXI Ltd up 11.5 pct, Bill Barrett Corp up 4.6 pct, Penn Virginia Corp up 4.3 pct

** Oilfield services providers: Key Energy Services Inc up 5.5 pct, Exterran Partners Lp up 2.6 pct, Nuverra Environmental Solutions Inc up 2.3 pct

** Contract drillers: Atwood Oceanics Inc up 3.8 pct, Rowan Companies Plc up 2.7 pct, Transocean Ltd up 2.4 pct