Energy shares are down in late-session trading even as crude oil futures pare early losses to finish higher - above $85 a barrel. Light, sweet crude oil for October delivery finished up $0.14 to $85.30 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is up 0.21% to $33.15. The United States Natural Gas ETF ( UNG ) is up 0.46% at $9.82. In late-session energy news, shares of Valero Energy ( VLO ) are down as the refiner said that it has opened a a trading office in London's Canary Wharf, according to a Reuters report on the matter. The move comes on the heels of Valero's completion of its acquisition of Chevron's ( CVX ) Pembroke refinery, the report said. Meanwhile, shares of Exxon Mobil ( XOM ) are down as Reuters reports that workers at the oil major's Papua New Guinea plant site have been on strike since Monday.
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