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Sector Update: Energy Shares Mixed Ahead of the Close; Crude Futures Manage a Close Above $100 a Barrel

NYMEX Benchmark Crude July: (+0.1%) to $100.40

Top Energy Stocks

XOM: -0.6%

CVX: -0.9%

COP: +0.2%

SLB: +1.7%

OXY: +0.7%

Energy shares are mixed as the last hour of the session begins and crude oil futures manage to finish higher, topping $100 a barrel.

Light, sweet crude oil for July delivery finished up 0.1% to $100.40 a barrel. In other energy futures, heating oil was up 0.95% to $3.03 a gallon while natural gas was up 3.52% to $4.79 per million British thermal units.

In energy ETFs, the United States Oil Fund (USO) is up 0.4% to $39.68. The United States Natural Gas ETF (UNG) is up 3.7% at $12.19.

In late-session energy news, shares of Tesoro Corp. ( TSO ) are down as MarketWatch reports the company is buying Libyan oil from rebels in that country, citing a company spokesman.

"The cargo was purchased by Tesoro, [and] it is en route to Tesoro's 94,000-barrels-a-day-capacity Kapolei, Hawaii (Oahu) refinery," MarketWatch quoted the spokesman as saying.

Tesoro shares are down 3.09%, or $0.73, to $22.91.

Meanwhile, Chevron ( CVX ) shares are down as the BBC reports that a refinery of the oil major in Wales was shaken by an explosion.

The report cited the coast guard, which said there was a "blast large enough to shake the windows with 'black smoke in the air'."

Chevron shares are down 0.83%, or $0.85, to $101.64.

Also, Occidental Petroleum (OXY) shares are higher as Bloomberg reports the oil major, along with Total ( TOT ) and Hess ( HES ), have halted production in Libya. The moves comes in response to unrest in that country.

Occidental does not expect output from that country in the second quarter and employees have been withdrawn, the report says.

Occidental shares are up 0.69%, or $0.72, to $104.40.

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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