NYMEX Benchmark Crude May: (+1%) to $108.15
Top Energy Stocks
Energy shares are higher in late trading as crude oil futures
manage to climb and close above $108 a barrel.
Light, sweet crude oil for May delivery finished up 1% to
$108.15 a barrel. In other energy futures, heating oil was down
0.65% to $3.16 a gallon while natural gas was up 2.71% at $4.25 per
million British thermal units.
In energy ETFs, the United States Oil Fund (
) is up 0.3% to $42.99. The United States Natural Gas ETF (
) is up 3.06% to $11.13.
In late-session energy news, BP plc (
) shares are higher as Russia's Rosneft announced a share buyback
as the company moves toward a $16 billion share swap deal, Reuters
Rosneft said it will begin with $100 million to $200 million in
shares in the coming months.
BP shares are up 0.47%.
Meanwhile, Kodiak Oil & Gas (
) says it is negotiating to contract a fourth rig for delivery in
It controls a 40% to 50% working interest in wells being drilled
by a non-operated drilling rig as part of its Dunn County, N.D.
area of mutual interest with ExxonMobil (
Kodiak shares are up 9.3%.
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