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Thomson Reuters: Feb. 4 Energy Commentary

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February 4, 2013

SECTOR COMMENTARYEnergy stocks ended the day lower, in line with the broader equity markets on muted volumes, with drillers and E&Ps leading the downturn. A weak reading from the manufacturing sector this morning and renewed concerns over the euro zone debt crisis triggered traders to lock in profits as major markets began pulling back from gains in the prior session that left the S&P 500 at a five-year high and the Dow above the 14,000 mark.WTI crude oil futures fell $1.60 or 1.64% to close at $96.17 while Brent fared ...


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