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Thomson Reuters: September 17 Energy Commentary

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September 17, 2012

MONDAY, SEPTEMBER 17, 2012

SECTOR COMMENTARY

The energy sector ended the day lower, in line with commodities and the broader equity markets, with refiners seeing the steepest losses followed by drillers and E&Ps. Investors were seen selling off across the board after last week’s rally as skepticism over whether or not the recent action by both the ECB and Fed would be enough to stoke growth in the global economy.

WTI crude oil futures erased earlier gains to end the session lower by $2.38 or 2.40% at $96.62 while Brent ...


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