Sector Update: Energy Shares Flat Pre-Market; Crude Oil Futures Rise Toward $96 Per Barrel


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Top Energy Stocks

XOM: +0.22%

CVX: flat

COP: flat

SLB: flat

OXY: flat

Energy shares are flat in pre-market trade, while crude oil futures are higher.

Light, sweet crude oil for February delivery is trading up $0.54 at $95.51 per barrel. In other energy futures, heating oil is up $0.02 at $3.03 per gallon while natural gas is up $0.10 at $4.53 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 0.44% at $34.14. The United States Natural Gas ETF ( UNG ) is rallying 2.7% at $22.16.

In other energy news, Gran Tierra Energy Inc. (GTE, GTE.TO), a company focused on oil exploration and production in South America is up about 3% in pre-market trade after it reported the results of a qualified independent reserve evaluation of the company's Peru reserves by GLJ Petroleum Consultants Ltd. effective December 31, 2013.

It claimed working interest Bretana 2P reserves of 61.5 million barrels of oil and 3P reserves of 113.9 million barrels of oil.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: UNG , USO

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