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Futures rise as higher oil drives energy stocks

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Reuters

By Medha Singh (Reuters) – U.S. stock index futures rose on Monday as higher oil prices lifted energy stocks, while S&P 500 futures scaled two-week highs ahead of key inflation readings later this week. Chevron Corp, Occidental Petroleum Corp and Schlumberger rose between 1% and 2% in premarket trading as oil prices firmed more than $1 a barrel. [O/R] Risk sentiment also improved as cryptocurrencies clawed back ground after a bout of weekend selling fueled by further signs of a gathering Chinese crackdown on the emerging sector. Crypto-exchange operator Coinbase Global added 2.4%, while miners…

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