Text Size:
A | A

NASDAQ OMX: January 10 Energy Commentary

Text Size: A | A
Thomson Reuters
January 10, 2014

SECTOR COMMENTARY

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 ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription