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Sector Update: Energy

Energy shares are higher along with the broader equities rally, while crude oil futures regain traction lost in the last few sessions to trade above $86 a barrel. Light, sweet crude for October delivery is trading up 1.03% to $86.67 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is up 0.39% to $33.42. The United States Natural Gas ETF ( UNG ) is down 0.57% to $9.61. In mid-day news, shares of Noble Energy ( NE ) are higher after Deutsche Bank initiated coverage of the company with a "buy" rating.

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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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