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NASDAQ OMX: January 10 Energy Commentary

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Thomson Reuters
January 10, 2014


Energy stocks closed mostly higher, with the oil services sector posting the largest gains despite Baker Hughes guiding lower for its fourth quarter due to issues in Iraq. The integrateds were relative laggards on the day, closing in the red.

WTI crude oil futures closed higher by $1.06 or 1.16% to $92.72, while Brent crude was also higher as new reports of production problems at a major U.K. oilfield and as weaker-than-expected U.S. jobs data raised expectations that the U.S. Federal Reserve may slow the winding down of ...

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