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Energy Sector Update: June 1, 2011
Energy Sector Update: June 1,  2011
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Energy Sector Update: June 1, 2011
Energy shares are down in mid-day trading as crude oil futures fall below $101 a barrel at the New York Mercantile Exchange. Light, sweet crude for July delivery is trading down 1.8% to $100.85 a barrel.  In mid-day news, shareholders for both Alpha Natural Resources (ANR) and Massey Energy Co. (MEE) today at their respective special stockholders' meetings said that they have approved various proposals related to Alpha’s acquisition of all outstanding shares of Massey's common stock. The acquisition is anticipated to conclude later today.
Channel: Voxant Newsroom
Category: Business
Video Length: 0
Date Found: June 02, 2011
Date Produced: June 02, 2011
View Count: 0
 
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