Sector Update: Energy

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Energy shares are flat to higher in pre-market, while crude oil futures are higher.

Light, sweet crude oil for November delivery is trading up $0.67 at $103.98 a barrel. In other energy futures, heating oil is up $0.01 at $3.01 a gallon while natural gas is up $0.02 at $3.52 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is flat at $37.14 The United States Natural Gas ETF ( UNG ) is up 0.28% at $18.08.


In other energy news, Ballard Power Systems (BLDP, BLD.TO) is lower this morning after it priced an underwritten offering of 9,000,000 units at a price of U.S. $1.40 per unit, for gross Offering proceeds of approximately U.S. $12.6 million.



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.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: UNG , USO

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As of 12/18/2014, 04:15 PM


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