Energy shares are higher as the last hour of the regular session
gets underway and crude futures managed their first finish above
$90 a barrel in over a month. Light, sweet crude oil for October
delivery finished up 2.3% to $90.21 a barrel. In energy ETFs, the
United States Oil Fund (
) is up 1.58% to $34.97. The United States Natural Gas ETF (
) is up 1.98% to $10.03. In late-session energy news, shares of
) are down while Reuters reports that the oil major shut a crude
oil pipeline off the Louisiana coast after a leak related to
equipment failure. Also, Hercules Offshore (
) said Tuesday that it has acquired an additional 6.1 million
shares of Discovery Offshore S.A., a company focused on the
ownership of high-specification jackup rigs, at an average price of
NOK 9.02 per share, or $1.62 per share, according to recent
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