NYMEX Benchmark Crude November: (+0.5%) to $80.24
Top Energy Stocks
Energy shares are higher in a volatile session while crude oil
futures managed to keep the high ground to finish above $80 a
Light, sweet crude oil for November delivery finished up 0.5% to
$80.24 a barrel. In other energy futures, heating oil was down
0.07% to $2.79 a gallon while natural gas was up 2.24% to $3.78 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) is up 0.32% to $31.19. The United States Natural Gas ETF (
) is up 2.25% to $9.44.
In late-session energy news, shares of Chevron (
) are down as Bloomberg reports the company will make a final
decision in 2013 about how much more it will invest in a move to
add as much as 6 billion barrels of crude reserves to an oil field
shares by Kuwait and Saudi Arabia.
Chevron is moving forward on a pilot project to inject steam
into the Wafra field after seeing early promising results, the
Chevron shares are up 0.1% or $0.09, to $90.10.
Meanwhile, Tortoise Energy Infrastructure (
) is reportedly upgraded to Outperform from Neutral at Robert W.
Baird. The firm set a price target of $41.
Tortoise Energy shares are down 0.9%.
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