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Thomson Reuters: Jan. 30 Energy Commentary

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January 30, 2013

SECTOR COMMENTARYOil and gas stocks finished the day mostly lower led by E&P’s, integrateds, and services, while drillers and refiners outperformed the group. The energy space lost ground going into the close after bleak U.S. growth data reinforced a decision by the Federal Reserve to maintain its commitment to massive economic stimulus.WTI closed at $97.94 up $0.37 or 0.38% and Brent crude touched a three-year high in choppy trade after better-than-expected economic data out of Europe spurred optimism about the global economy before oil pared gains with surprisingly weak U.S. ...


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