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NASDAQ OMX: December 3 Energy Commentary

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Thomson Reuters
December 3, 2013


Energy stocks closed mixed as the broader markets fell for a third straight session as investors take a breather from recent record highs amid concerns that Friday’s jobs data will provide ammunition to the central bank to reduce the stimulus.  Integrateds and drillers had the strongest performances while refiners underperformed on a narrowing of the Brent-WTI spread.

WTI rallied $2.22 or 2.37% to a four month high of $96.04 while Brent jumped just over 1% in a third straight day of gains after TransCanada made a filing that ...

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