In trading on Monday, oil & gas exploration & production shares were relative leaders, up on the day by about 3.6%. Leading the group were shares of EP Energy, up about 12.5% and shares of Energy XXI up about 12% on the day.

Also showing relative strength are oil & gas refining & marketing shares, up on the day by about 2% as a group, led by Clean Energy Fuels, trading higher by about 9% and CVR Refining, trading up by about 8.8% on Monday.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.