NYMEX Benchmark Crude December: (-$1.04) to $85.07
Top Energy Stocks
Energy shares are down in mid-day trading as crude futures slip
to near $85 a barrel while natural gas futures gain.
Light, sweet crude for December delivery is trading down $1.04
to $85.07 a barrel. In other energy futures, heating oil is up
0.51% to $2.99 a gallon while natural gas is up 3.12% to $3.69 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) is down 1.41% to $32.84. The United States Natural Gas ETF (
) is up 1.65% to $8.91.
Natural gas futures gained after a new report showed inventories
rose 103 billion cubic feet for the week ended Oct. 14, less than a
gain of 109 bcf to 113 bcf forecast by analysts polled by
In mid-day energy news, Noble Energy (
) shares are higher after the company reported third quarter EPS of
$1.24, topping estimates for $1.00. Revenue increased 22.4% from
the previous year period to $924 mln, just missing the Street view
of $926.73 mln.
Noble Energy shares are up 2.28% to $86.06.
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