Energy shares are lower in pre-market, while crude oil futures
are up toward $108 per barrel.
Light, sweet crude oil for October delivery is up $1.88 per
share at $107.80 per barrel. In other energy futures, heating oil
is up $0.04 at $3.12 a gallon while natural gas is down $0.05 at
$3.47 per million British thermal units.
In energy ETFs, the United States Oil Fund (
) is up 1.69% at $38.60. The United States Natural Gas ETF (
) is down 0.22% at $18.54.
In other energy news, U.S. Silica Holdings (
) says it has signed a multi-year agreement with Wildcat Minerals,
which provides the company with potential sand storage and rail
capacity at 16 of Wildcat's sand storage facilities, located near
several major unconventional oil and gas shale basins.
With the addition of these new sites, the company now has in
basin storage capacity at 40 transloads located near all of the
major shale basins in the United States. Financial terms were not
disclosed. SLCA is flat at $22.95 pre-market, having closed down
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