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Thomson Reuters: Feb. 14 Energy Commentary

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February 14, 2013

SECTOR COMMENTARYThe energy sector outperformed the broader equity markets, led by drillers and oil services sectors, while E&Ps underperformed and were brought down by natural gas levered names as the commodity slid. Shares of drilling rig operator Transocean were up nearly 4% after a judge accepted a plea related to the Macondo well incident in 2010.U.S. crude oil futures ended the day higher by $0.30 or 0.31% to $97.31, outperforming Brent futures which were higher by 0.1%. Prices rose as fears about gasoline supply pulled the complex higher, outweighing concerns ...

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