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Thomson Reuters: Jan. 22 Energy Commentary

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January 22, 2013

SECTOR COMMENTARYThe energy sector finished the day higher led by services and E&P stocks after the four out of the five energy subsectors reached new highs.WTI crude oil closed at $96.24 up $0.68 or 0.71% its highest level in four months on the final day of trading for the current contract. Brent crude was also higher, trading above $112 a barrel in choppy trade supported by the Bank of Japan’s plans for asset buying, while U.S. economic data and milder weather forecast for the U.S. Northeast next week helped limit ...


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