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Thomson Reuters: September 13 Energy Commentary

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September 13, 2012

THURSDAY, SEPTEMBER 13, 2012

SECTOR COMMENTARYEnergy stocks rose along with the broader markets, closing higher across each sub-sector as the Federal Reserve announced that it would purchase $40 billion of mortgage-backed securities every month until the labor market improves.  Integrateds led the climb with the S&P 500 Integrated Index posting an over 2% gain on the day.  The Federal Open Market Committee also said it would likely keep the federal funds rate near zero through at least the middle of 2015.Brent crude futures were outpaced by WTI futures which ended ...


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