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Southwestern Energy (SWN) Stock Climbing on Higher Oil Prices

NEW YORK (TheStreet) -- Shares of Southwestern Energy (SWN) were gaining in mid-afternoon trading on Tuesday as oil priced rebounded.

Crude oil (WTI) was rising 1.29% to $48.02 per barrel while Brent crude was up 1.46% to $49.88 per barrel this afternoon.

Iran, which is the third-largest OPEC producer, is considering joint action to bolster oil prices, sources told Reuters.

The country has been increasing its output since Western sanctions were lifted in January.

Other OPEC members produced at an eight-year high in July, Reuters...


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