Top Energy Stocks
XOM: -1.6%
CVX: -3.5%
COP: -2.5%
SLB: -3.0%
OXY: -1.4%
Energy shares were on course to close lower on Tuesday as crude oil futures extended their losses.
Light, sweet crude oil for March delivery was down 4.6% at $28.34 per barrel. In other energy futures, heating oil was 1.2% higher at $0.85 per gallon while natural gas was down 0.1% at $1.68 British thermal units.
In energy ETFs, the United States Oil Fund ( USO ) was down 5.8% at $8.15 while the United States Natural Gas ETF ( UNG ) was down 1.8% at $7.68.
In other energy news, Shares of VTTI Energy Partners ( VTTI ) were sliding Tuesday after the operator of energy infrastructure assets reported Q4 profits that decreased significantly from a year earlier on lower revenues that were shy of consensus forecasts.
Shares in the company were 2.9% lower at $15.42 in recent trade. The company has traded between $14.80 and $28.20 over the past 52 weeks.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
