Energy shares are higher in pre-market, while crude oil futures are up toward $106 per barrel.
Light, sweet crude oil for September delivery is up $1.72 at $106.75 per barrel. In other energy futures, heating oil is up $0.04 at $3.09 a gallon while natural gas is down $0.02 at $3.43 per million British thermal units.
In other energy news, PBF Energy ( PBF ) reports net income of $71.5 million, or $0.73 per share on a fully exchanged, fully diluted basis, as described below, compared to $336.2 million, or $3.45 per share, for Q2 2012. Revenues were $4.7 million, down from $5.1 million a year prior.
Analysts expected $0.82 per share for Q2. PBF is flat at $22.89 in pre-market.
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