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Energy Sector Update for 01/20/2016: USO, UNG

Top Energy Stocks

XOM: -2.2%

CVX: -2.0%

COP: -2.8%

SLB: -2.9%

OXY: flat

Energy shares were mainly lower in pre-market trade on Wednesday as crude oil futures fell below $28 per barrel.

Light, sweet crude oil for February delivery was down 0.8% at $27.64 per barrel. In other energy futures, heating oil was down by 2.7% at $0.91 per gallon while natural gas was 0.7% higher at $1.68 British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was down 2.8% at $8.25 while the United States Natural Gas ETF ( UNG ) was up 0.4% at $7.75.

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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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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