UNG

Sector Update: Energy

Energy shares are higher at half time in the shortened 'Black Friday' session as crude oil futures reverse course to trade just under $97 a barrel. Light, sweet crude oil for January delivery traded up 0.76% to $96.92 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is down 1.64% to $37.19. The United States Natural Gas ETF ( UNG ) is up 1.92% to $7.96. In mid-day energy news, ADRs of Russian oil producer LUKOIL ( LUKOY ) are down as the company reported its net profit for Q3 fell 20% due to expenses from writing off dry holes and additional taxes for currency gains, MarketWatch reports.

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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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