Back to Main

Sector Update: Energy

By: MT Newswires
Posted: 9/25/2013 8:32:00 AM
Referenced Stocks: CEO;UNG;USO

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

Light, sweet crude oil for November delivery is trading up $0.52 at $103.65 a barrel. In other energy futures, heating oil is up $0.03 at $2.99 a gallon while natural gas is up $0.03 at $3.60 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is up 0.38% at $37.36. The United States Natural Gas ETF ( UNG ) is up 0.98% at $18.57.

In other energy news, Cnooc ( CEO ) says it will add five liquefied natural gas receiving terminals by 2015, Reuters reports. The move will double its import capacity. CEO is flat in pre-market at $203.78.