The energy sector is riding high with the rally in equities as well as commodities, with oil breaking past the $71 mark and gold above $1,000. Anadarko also is active after favorable news from the U.S. Supreme Court. Steve Gelsi reports.
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Shares of Anadarko Petroleum, Chesapeake Energy and drilling firm Cameron International are bucking the down trend in energy stocks. Crude futures fell below $71 a barrel and the broad market fell back after four days of gains. MarketWatch’s Steve Gelsi reports. (August 4)
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Industrial expansion in China and a bottoming out of drilling activity in the oil service arena are powering energy stocks to big gains. A 200 point rally in the Dow Jones Industrial Average also provided plenty of fuel for gains among major energy names. Steve Gelsi reports. (June 1)
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Energy shares were higher on Tuesday, helping to put a floor under U.S. equities. MarketWatch’s Steve Gelsi takes a look at the sector. (Feb. 3)
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