Energy shares are flat in pre-market trade, while crude oil
futures are higher.
Light, sweet crude oil for February delivery is trading up $0.54
at $95.51 per barrel. In other energy futures, heating oil is up
$0.02 at $3.03 per gallon while natural gas is up $0.10 at $4.53
per million British thermal units.
In energy ETFs, the United States Oil Fund (
) is up 0.44% at $34.14. The United States Natural Gas ETF (
) is rallying 2.7% at $22.16.
In other energy news, Gran Tierra Energy Inc. (GTE, GTE.TO), a
company focused on oil exploration and production in South America
is up about 3% in pre-market trade after it reported the results of
a qualified independent reserve evaluation of the company's Peru
reserves by GLJ Petroleum Consultants Ltd. effective December 31,
It claimed working interest Bretana 2P reserves of 61.5 million
barrels of oil and 3P reserves of 113.9 million barrels of oil.
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