NYMEX Benchmark Crude May: (+1.4%) to $109.66
Top Energy Stocks
Energy shares are firmer ahead of the closing bell as crude oil
futures finish a topsy turvy week on a positive note.
Light, sweet crude oil for May delivery finished up 1.4% to
$109.66 a barrel. In other energy futures, heating oil was up 1.22%
to $3.22 a gallon while natural gas was flat at $4.21 per million
British thermal units.
In energy ETFs, the United States Oil Fund (
) is up 1.09% to $43.75. The United States Natural Gas ETF (
) is down 0.36% to $11.03.
In late-session energy news, BP PLC (
) shares are down as Bloomberg reports the British oil major won't
be singled out for extra conditions when seeking to resume
exploration in deep waters, according to a US drilling
The blowout of BP's Macondo well in the Gulf of Mexico last year
caused the worst oil spill in US history.
BP shares are down 1.23%, or $0.56, to $44.98.
Meanwhile, Bronco Drilling (
) is higher after its says it will be bought by Chesapeake Energy (
) for $11 per share cash, or approximately $315 million, including
debt, net working capital and outstanding warrants.
Bronco shares are up 5.6%.