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Sector Update: Energy

Energy shares kept gains through the morning into the session's half even as crude oil futures traded near the flat line, near $89 a barrel. Light, sweet crude oil for October delivery traded down 0.08% to $88.81 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is up 0.03% to $34.45. The United States Natural Gas ETF ( UNG ) is up 3.15% to $10.16. In mid-day energy news, shares of ConocoPhillips ( COP ) are higher as the Associated Press reports the U.S.-based oil major says it has completed cleaning virtually all oil and drilling mud released into Bohai Bay in China. The company says that it has met a deadline to have the oil cleaned up by Wednesday.

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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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