Sector Update: Energy

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Energy shares are broadly higher just ahead of the closing bell as crude futures closed above $88 a share at the New York Mercantile Exchange. Crude oil for January delivery finished up $0.82, or 0.9%, to $88.61 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is up 0.64% to $37.90. The United States Natural Gas ETF ( UNG ) is down 0.33% to $6.07. The U.S Dollar Index (DXY) is down 0.92% to $79.34. In late-session energy news, Valero Energy ( VLO ) shares are down even as the refiner said it plans to restart its Aruba refinery within the next several days, Bloomberg reported. Meanwhile, FuelCell Energy ( FCEL ) is higher ahead of the company's after-hours Q4 earnings report.



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.

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This article appears in: Investing , Commodities

Referenced Stocks: FCEL , UNG , USO , VLO

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