Shares of energy companies fell amid concerns about demand, in light of an up-tick in the unemployment rate in June.
Oil futures rose for the fourth straight week.
British oil major Shell warned it will take a $2 billion writedown against its second-quarter earnings amid struggles with its biofuels and gas-trading units.
Hurricane Beryl bore down on the Gulf of Mexico following landfall in Mexico's Yucatan peninsula, causing major oil producers to close platforms.
Write to Rob Curran at rob.curran@dowjones.com
(END) Dow Jones Newswires
07-05-24 1700ET
