NYMEX Benchmark Crude November: (-3.8%) to $81.21
Top Energy Stocks
Energy shares are broadly lower as the equities market swings to
red in late trading. Crude futures finished below $82 a barrel.
Light, sweet crude oil for November delivery finished down 3.8%
to $81.21 a barrel. In other energy futures, heating oil was down
1.73% to $2.82 a gallon while natural gas was down 1.96% to $3.75
per million British thermal units.
In energy ETFs, the United States Oil Fund (
) is down 2.86% to $31.44. The United States Natural Gas ETF (
) is down 1.79% to $9.34.
In late-session energy news, shares of Kodiak Oil & Gas
) are down as the company said it would pay $235 million for both
undeveloped leases and producing properties in the Williston Basin,
KOG will purchase 13,500 acres that are mostly located in
Williams County, ND.
KOG shares are down 5.9%, or $0.34, to $5.41.
Meanwhile, shares of Chevron (
) are higher as Reuters reported that the U.S. oil major said it
had resumed operations on its Main Pass crude oil gathering system
in the U.S. Gulf of Mexico coast.
The system had been shut down earlier this month after the
discovery of a leak.
Chevron shares are down 0.48%, or $0.45, to $93.08.
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