Markets
UNG

Sector Update: Energy

Energy shares were flat in pre-market trading Thursday, as crude-oil futures dropped.

Light, sweet crude oil for August delivery was down 0.3% at $102.02 per barrel. In other energy futures, heating oil was flat at $2.87 per gallon while natural gas was flat at $4.17 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) was down 0.1% at $37.65. The United States Natural Gas ETF ( UNG ) was down 0.1% at $22.97.

In other energy news, electrical-engineering company ABB ( ABB ) received a $400 million order from Maritime Link for high-voltage direct current power transmission technology. ABB was down 1.7% at $22.64 in pre-market trading.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

UNG ABB USO

Other Topics

Commodities