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Energy Sector Update

Published on Tue, 03/01/2011 - 16:01
By FNNO Staff

Light, sweet crude oil for April delivery is trading up $1.94, or 1.99%, to $98.92 a barrel. In other energy futures, heating oil is up 2.07% to $2.99 a gallon while natural gas is down 3.77% to $3.88 per million British thermal u

In energy ETFs, the United States Oil Fund (USO) is up 1.79% to $39.89. The United States Natural Gas ETF (UNG) is down 3.71% to $5.19.

In mid-day news, Noble Energy, Inc.

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Energy shares are gaining as crude oil futures jump nearly 2% on concern over unrest across the Middle East.

By FNNO Staff

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