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Sector Update: Energy

Highs and Lows Stock Data

Energy shares are lower in mid-session trading even as the most active crude oil contract is holding near $88 a barrel. Light, sweet crude for October delivery is trading up 67 cents at $87.91 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is up 1.65% to $34.07. The United States Natural Gas ETF ( UNG ) is down 1.11% to $9.76. In mid-day news, shares of ConocoPhillips ( COP ) are down after The Wall Street Journal reported that the U.S. oil major and China's Cnooc are both looking at ways to prevent future oil leaks by reducing undersea oil-reservoir pressure.

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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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