S&P 500 Energy index rises as US crude hits $75 on supply risks

** S&P 500 Energy index rises >2 pct as oil pricesclimb after Libya suspended crude exports from two key ports andpower outage in Canada drains supply

** SPNY has pared gains, recently up just ~1 pct, but stillbest performer among the 11 major S&P 500 sectors earlyTues; 29 of 31 SPNY components trading higher

** U.S. light crude oil Futures jumped ~2 pct to$75.27, highest since Nov 2014, though have since turnednegative on the session, down 1 pct; Brent last up 0.2pct at $77.45

** Best performers Andeavor up 3.6 pct, MarathonPetroleum 3 pct and Noble Energy 2.3 pct

** Chevron up 1.3 pct and providing 2nd biggestboost to SPX; this despite downgrade to "neutral" by Macquarie,which cited lower ranking vs co's large cap global peers . Exxon up 0.8 pct

** S&P Energy index coming off its best quarterly showingsince 2011 with a nearly 13 pct advance from Apr-Jun