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Sector Update: Energy

Energy shares are higher in mid-day trading while crude oil futures advance to top $100 a barrel at the New York Mercantile Exchange. Light, sweet crude oil for January delivery traded up 0.23% to $100.42 a barrel. In energy ETFs, the United States Oil Fund ( USO ) is up 0.05% to $38.63. The United States Natural Gas ETF ( UNG ) is down 1.5% to $7.90. In mid-day energy news, shares of Chevron ( CVX ) are higher while Bloomberg reports that two people taken by gunman at an offshore oil field last month have been let go. The two workers were taken from a supply ship, the report said.

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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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