NYMEX Benchmark Crude November: (-0.57%) to $78.71
Top Energy Stocks
Energy shares are broadly lower as crude oil futures - which had
held the high ground for much of the first half of the day -
succumbed to downward pressure to trade below $79 a barrel.
Light, sweet crude for November delivery traded down 0.57% to
$78.71 a barrel. In other energy futures, heating oil is down 0.27%
to $2.77 a gallon while natural gas is down 0.44% to $3.65 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) is down 0.89% to $30.22. The United States Natural Gas ETF (
) is down 1.17% to $8.90.
In mid-day energy news, Hercules Offshore (
) is down after it says the Starfish, a 140 class liftboat,
capsized after being struck by multiple waterspouts late in the
evening on Sept. 30.
It is insured for damage to the Starfish up to the insured value
of $2.5 million, subject to a $1 million deductible. The deductible
does not apply in the event the vessel is a total loss. HERO says
it also carries removal of wreck insurance, subject to a $250,000
Hercules Offshore shares are down 9.62%, or $0.28, to $2.63.