Energy shares were pointing higher in Tuesday's pre-market trade as crude oil futures were up.
Light, sweet crude oil for October delivery was up 0.24% at $93.57 per barrel. In other energy futures, heating oil was up 0.14% at $2.85 per gallon while natural gas was down 0.74% at $3.91 British thermal units.
In other energy news, Cimarex Energy ( XEC ), an oil and gas exploration and production company, said Tuesday that it has signed various purchase and sale agreements to sell $326 million of oil and gas assets.
Included is the sale of 4,200 net acres and associated wells in the Midland Basin located in Reagan County, Texas, for $242 million. An additional $84 million of non-core properties in the Mid-Continent and Gulf Coast are also being sold.
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