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NASDAQ OMX: January 6 Energy Commentary

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Thomson Reuters
January 6, 2014

SECTOR COMMENTARY

The energy sector ended the day mixed, in line with the broader equity indices with E&Ps and drillers trailing the group while refiners heavily outpaced on improving spreads. A lack of major sector news today and mixed economic reports showing a slowdown in growth in the U.S. services sector and a rebound in new orders for factory goods gave little direction for investors to continue bidding up stocks.WTI crude oil futures ended the day sharply lower for the fifth straight session, down $2.01 or 2.11% at $93.43, underperforming ...


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