US Stock Market Move | Shale oil sector continues to rise, Murphy Oil Corporation (MUR.US) soared 7%.

On Tuesday, the US shale oil sector continued to rise, with Murphy Oil Corporation (MUR.US) surging 7%, Apache Corporation (APA.US) up nearly 5%, and ConocoPhillips (COP.US) rising over 3%. In terms of news, WTI crude oil futures rose over 2%, reaching $63.68 per barrel. US President Trump stated that the US is prepared to implement a new round of strong tariffs. If Russia is unwilling to reach an agreement, the US is prepared to impose tariffs. Europe must immediately stop all energy purchases from Russia.