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Thomson Reuters: Feb. 15 Energy Commentary

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February 15, 2013

SECTOR COMMENTARYEnergy stocks closed lower with most subgroups falling at least 1% on the day, underperforming the broader markets. E&Ps fared the worst, dropping by over 2% on the day. In the drillers space, Transocean Ltd. fell over 5% after releasing its Fleet Status Report which showed increased downtimes and spurred a downgrade to 'Sell' from Deutsche Bank.Money managers raised their net long U.S. crude futures and options positions in the week to February 12, the U.S. Commodity Futures Trading Commission (CFTC) said on Friday. The speculator group raises its ...


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