Sector Update: Energy


Energy shares are down in mid-day trading while crude oil futures manage to keep fractionally positive just below $83 a barrel. Light, sweet crude for November delivery is trading up 0.19% to $82.75 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is down 0.84% to $31.71. The United States Natural Gas ETF ( UNG ) is down 2.49% to $8.60. In energy news, Lucas Energy ( LEI ) is just lower although the company says it does not know of any reason for the recent stock drop to a 52-week low of $1.04 on Thursday. Lucas Energy shares are now down 6% to $1.40.

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

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

This article appears in: Investing , Commodities

Referenced Stocks: LEI , UNG , USO

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