Why ConocoPhillips Stock Just Popped 5%

Oil prices are up in today -- and shares of oil major ConocoPhillips (NYSE: COP) are right up there with them.

According to OilPrice.com data, the cost of a barrel of WTI crude oil is up a solid 2% as of 1 p.m. EST, and Conoco stock is racing ahead even farther than that, enjoying a 5.3% rise.

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Source Fool.com