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Sector Update: Energy Shares Down in Late Trading; Crude Futures Slide Into Closing Bell

NYMEX Benchmark Crude January: (-$5.23) to $94.96

Top Energy Stocks

XOM: -1.3%

CVX: -3.4%

COP: -1.8%

SLB: -4.6%

OXY: -3.6%

Energy shares are down in late-session trading while crude oil futures slide into the closing bell.

Light, sweet crude oil for January delivery traded down $5.23 to $94.96 a barrel.

In energy news, Chevron ( CVX ) is down 3.4% at $100.11 after prosecutors in Brazil asked the company to suspend all activity in the country following an oil leak, Bloomberg reports.

Meanwhile, Transocean ( RIG ) has tumbled to a new 52 week low of $39.53 a share after Brazilian media reported that the federal prosecutor in Campos, northern Rio de Janeiro, wants the Federal Court to grant an injunction suspending all activities of the company.

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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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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