Benchmark Crude February: (+$0.18) to $98.85
Top Energy Stocks
XOM: +1.6%
CVX: +0.7%
COP: +1.1%
SLB: -0.1%
OXY: -0.04%
Energy shares are higher in mid-day trading while crude oil futures rise to trade above $98 a barrel.
Light, sweet crude for February delivery was up $0.18 to $98.85 a barrel.
Meanwhile, shares of Chevron ( CVX ) are higher while The Wall Street Journal reports that the federal police in Brazil are asking federal prosecutors to indict as many as 17 employees from the refiner for their alleged roles in the oil spill off the coast of that country.
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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.