Berry (BRY) (PXP) (LINE) (OIS) (COP) Trade Up as Oil Prices Rebound

Most oil and related companies performed strong Monday, as Berry Petroleum (NYSE:BRY), Plains Exploration & Production (NYSE:PXP), Linn Energy, LLC (NASDAQ:LINE), Oil States Intl., Inc. (NYSE:OIS) and Conoco (NYSE:COP) traded mixed as the price of oil rebounded.

Gastar was the only one of the list above to close down Monday.

Crude oil for June delivery climbed $5.37 to settle at $102.55 a barrel on the New York Mercantile Exchange, the largest one-day boost since February 22.

Brent crude for June settlement jumped $6.77, or 6.2 percent, to $115.90 a barrel on the London-based ICE Futures Europe exchange.

Wholesale gasoline prices soared 5 percent on Monday to $3.20 a gallon on fears that refineries in Mississippi may have to shut down because of the Mississippi River flooding.

The average U.S. price of a gallon of regular gasoline Monday fell by a penny to $3.96, according to AAA.

Immediate delivery futures of Texas crude oil rose $5.53 to $102.71 a barrel. Natural gas was up 0.06 cents to $4.17 per mbtu, while gasoline prices fell 20.17 cents to 329.18 cents a gallon.

Berry Petroleum (BRY) closed Monday at $49.02, climbing $1.67, or 3.53 percent.