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NASDAQ OMX: January 3 Energy Commentary

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Thomson Reuters
January 3, 2014

SECTOR COMMENTARY

Energy stocks ended mostly lower, tracking broader equity markets, with no subgroup moving up or down more than 1%. Drillers were the best performers while refiners led the way on the downside.WTI crude oil closed lower by $1.48 or 1.55% to $93.96, underperforming Brent crude which fell by about half of that. Both U.S. and Brent crude fell for the fourth straight session, with Brent dropping on traders' anticipation of the return of Libyan oil supply. Distillate stocks in the U.S. rose 5 million barrels to their highest ...


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