Oct 26 (Reuters) – US oil and gas producer Hess Corp (HES.N) on Wednesday reported quarterly earnings that beat Wall Street estimates, on the back of higher crude oil prices amid tighter energy supplies following Russia’s invasion of Ukraine.
The company’s shares are up 3% in early trade to $139.68.
Oil prices have declined but still traded at an eight-year high amid Western sanctions against big exporter Russia and OPEC’s decision to match an already tight global supply with a…