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WPX Energy (WPX) Stock Higher as Oil Prices Rise

NEW YORK (TheStreet) -- Shares of WPX Energy (WPX) are advancing 0.4% to $10.14 in midday trading Thursday as oil prices rebound.

Crude oil (WTI) is up 1.54% to $45.44 per barrel and Brent crude is rising 2.01% to $47.19 per barrel this afternoon.

Oil prices are increasing today after big losses in yesterday's trading session due to weak U.S. demand for fuel during the usually busy summer driving season, Reuters reports.

Additionally, a weaker dollar lifted oil prices today. Dollar-denominated commodities...