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Energy Sector Update for 12/17/2015: USO, UNG, NBL

Top Energy Stocks

XOM: flat

CVX: flat

COP: flat

SLB: -0.5%

OXY: flat

Energy shares were mainly unchanged in pre-market trade on Thursday as crude oil futures were lower.

Light, sweet crude oil for January delivery was down 0.2% at $35.29 per barrel one day after official data showed that US stockpiles swelled by 4.8 million barrels to more than 490 million barrels in the week ended December 11.

In other energy futures, heating oil was 1.4% higher at $1.09 per gallon while natural gas was up 2.1% at $1.78 British thermal units. And, in energy ETFs, the United States Oil Fund ( USO ) was down 1.0% at $10.88 while the United States Natural Gas ETF ( UNG ) was down 0.3% at $7.13.

In other energy news, independent energy company Noble Energy ( NBL ) Thursday reported it has been notified that the Government of Israel acted to implement its national Natural Gas Framework through execution of Section 52 of the Israel Restrictive Trade Practices Act.

Shares in the company were unchanged at $32.42 pre-bell. This is within the lower band of the stock's 52 week trading range between $29.13 and $53.68.

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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