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NASDAQ OMX: December 9 Energy Commentary

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Thomson Reuters
December 9, 2013

SECTOR COMMENTARY

The energy sector ended the day mixed, with integrateds and drillers seeing modest upside while services, E&Ps and refiners trailed. The group’s performance compares to a slight uptick for the broader equity markets and weakness in crude prices.

WTI crude oil futures erased earlier gains to end the day slightly lower by $0.31 or 0.32% at $97.34, faring better than their UK counterpart which was down over 2% in afternoon trading.  WTI prices initially rose on news that TransCanada Corp has begun filling its 700,000 barrel-per-day oil pipeline ...


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