Tuesday, October 23, 2007

Energy Sector Roundup

October 22 - Forbes - Following is a summary of top stories in the energy sector Monday afternoon.

Oil Settles Lower as November Contracts Expire

Oil futures fell on concerns about the economy and profit-taking ahead of the November futures contract expiration.

Crude rebounded from earlier lows by the end of the day. Some analysts said prices firmed after an expected cease-fire between Turkey and Kurdish rebels in Iraq looked shakier than first thought. Read More.

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