ADR Report-Record oil pushes energy sector ADRs higher

By Rodrigo Campos

NEW YORK, May 16 (Reuters) - Overseas shares traded in the United States rose on Friday, as a record high in oil futures lifted prices in stocks of energy companies across the globe.

Crude oil futures CLc1 rose to near $128 a barrel in the New York Mercantile Exchange before settling at $126.29, a record close.

The Bank of New York Mellon's index of leading American Depositary Receipts (ADRs) .BKADR finished up 1.1 percent while the 30-share Dow Jones industrial average .DJI closed at 12,983.13, down less than 0.1 percent.

New York-traded shares of energy behemoths Royal Dutch Shell (RDSa.N: Quote, Profile, Research, Stock Buzz), Paris-based Total (TOT.N: Quote, Profile, Research, Stock Buzz), China Petroleum (SNP.N: Quote, Profile, Research, Stock Buzz), and Brazil's Petrobras (PBR.N: Quote, Profile, Research, Stock Buzz) rose between 2.5 and 3.5 percent, all on the New York Stock Exchange.

The Bank of New York Mellon's index of leading European ADRs .BKEUR closed up 1.2 percent.

In Europe, the FTSEurofirst 300 index of top shares closed up 0.4 percent.

The Bank of New York Mellon's index of leading Asian ADRs .BKAS was up 0.5 percent. Overnight in Asia, shares ended mostly higher with Taiwan hitting a year high on expectations of improved relations with China after President-elect Ma Ying-jeou takes office next week.

Receipts with the Bank of New York Mellon's index of leading Latin American ADRs .BKLA jumped 2.3 percent. In Latin America, major benchmarks were higher as Brazil's Bovespa index .BVSP rallied past the 72,000 point mark for the first time and was up 1.8 percent for the day. (Additional reporting by Faith Hung in Taiwan, Amanda Cooper in London and Silvio Cascione and Todd Benson in Sao Paulo; Editing by Leslie Adler)