NYMEX Benchmark Crude February: (+$0.40) to $99.93
Top Energy Stocks
Energy shares are higher while BP ( BP ) ADRs rise as the company wins its first leases in the Gulf of Mexico since its massive oil spill there last year.
Light, sweet crude for February delivery advanced $0.40 to $99.93 a barrel.
In energy news, BP won 11 tracts in the latest lease sale held in the region, spending a total of $27.5 million, Forbes reported.
BP shares are up 0.42% to $43.14.
Meanwhile, shares of Exxon Mobil ( XOM ) are higher as the New York Times reports that the oil major and its partners are squabbling with the government in Iraq over a $50 million payment that the refiners say Iraq owes them.
XOM shares are up 0.72% to $84.90.
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