Updates
** S&P 500 energy index .SPNY rises 4.4% as oil prices edge higher
** Brent crude futures LCOc1 up 0.7% at $63.28 a barrel; U.S. West Texas Intermediate $(WTI)$ crude CLc1 rises 0.5% to $59.86 a barrel
** U.S. President Donald Trump said on Wednesday he authorized a 90-day pause as part of his tariff plan but was also raising the tariff rate for China to 125%, effective immediately
** Oil majors Chevron CVX.N and Exxon Mobil XOM.N up 4.4% and 3.3%, respectively
** Halliburton HAL.N up 5.8%, EOG Resources EOG.N and Devon Energy DVN.N each up 4.7%
** Refiners Marathon Petroleum MPC.N and Valero Energy VLO.N up 5.3% and 3.2%, respectively
** Oilfield equipment and services operator Baker Hughes BKR.O up 4.1%
(Reporting by Tanay Dhumal in Bengaluru)
((Tanay.Dhumal@thomsonreuters.com; Twitter: https://twitter.com/TanayDhumal))
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