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Thomson Reuters: September 26 Energy Commentary

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September 26, 2012

WEDNESDAY, SEPTEMBER 26, 2012

SECTOR COMMENTARY

Oil and gas stocks finished the day lower, leading the S&P 500 to its fifth-straight decline, as investors remained on edge over the euro zone's ongoing financial issues. Concerns over Spain and Greece intensified early in the trading day, as Greek trade unions embarked on a general strike over austerity measures.

WTI crude oil fell $1.39 or 1.52% to $89.98 and Brent oil fell below $110 a barrel as the euro zone debt crisis escalated, highlighted by a continued slowdown in Spain's economy and ...


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