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Energy Sector Update for 10/09/2018: BP, WMB, XOM, CVX, COP, SLB, OXY


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Top Energy Stocks:

XOM: Flat

CVX: -0.13%

COP: Flat

SLB: -1.11%

OXY: Flat

Energy stocks were flat to lower pre-market Tuesday.

West Texas Intermediate crude oil for November delivery was higher by $0.42 at $74.71 per barrel, while Brent crude December contract was up by $0.57 to $84.48 per barrel. November natural gas futures were $0.05 higher at $3.32 per 1 million BTU.

In other sector news:

(-) BP ( BP ) was trading almost 1% lower after news that BP and a Serica Energy unit obtained a conditional license and assurance from the US Office of Foreign Assets Control relating to the UK North Sea Rhum field that is partly owned by Iranian Oil Company.

(=) Williams Companies ( WMB ) was flat after the company said its Transco interstate pipeline has executed binding, 15-year commitments with Seneca Resources Company and Cabot Oil & Gas for 100% of the 580 million dekatherms of firm transportation capacity under its proposed Leidy South expansion project.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Energy
Referenced Symbols: BP , WMB , XOM , CVX , COP



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