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Sector Update: Energy Shares Finish Higher; Crude Swings to Red

NYMEX Benchmark Crude October: (-1.4%) to $88.91

Top Energy Stocks

XOM: +1.8%

CVX: +1.9%

COP: +2.0%

SLB: +1.0%

OXY: +2.4%

Energy shares are higher as crude oil futures swung to the red despite a strong day for equities.

Light, sweet crude oil for October delivery finished down 1.4% to $88.91 a barrel. In other energy futures, heating oil was down 0.35% to $2.93 a gallon while natural gas was up 2.37% to $3.97 per million British thermal units.

In energy ETFs, the United States Oil Fund ( USO ) is down 1.23% to $34.42. The United States Natural Gas ETF ( UNG ) is up 1.45% to $10.18.

In late-session energy news, Halliburton ( HAL ) has turned up in afternoon trade, erasing earlier losses after the U.S. said in a final report that it and BP ( BP ) violated federal offshore safety regulations in connection with the April 2010 Deepwater Horizon rig disaster and resulting Gulf of Mexico oil spill.

Halliburton shares are up 0.68% to $39.76.

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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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