Sector Update: Energy

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Energy issues are on the rise before the bell Friday, with oil prices climbing as business sentiment improves, even in Europe. BP ( BP ) continues to struggle dealing with the oil spill which is now expected to be worse than the 1989 Exxon Valdez disaster in Alaska. Still, BP shares are up about 1.6% pre-market, having closed down 8.34% Thursday. Coal miner James River Coal ( JRCC ) reported first quarter earnings that beat expectations on higher coal prices. Brent crude is up 0.6% at $87.41 a barrel on NYMEX.




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This article appears in: Investing , Commodities

Referenced Stocks: BP , JRCC

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As of 3/27/2015, 04:15 PM


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