Sector Update: Energy Stocks Rise Pre-Bell Friday
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Energy stocks rose pre-bell Friday, with the State Street Energy Select Sector SPDR ETF up 0.8%. The United States Oil Fund increased by 2%, and natural gas futures rose 1.9%. West Texas Intermediate crude oil was up 2.7% at $103.89 per barrel. Exxon Mobil was found not liable in a lawsuit, with its stock up 0.5%. BP is considering selling natural gas assets in Egypt, with shares slightly lower.
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