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Market Update Analysis: 
Energy Stocks Modestly Up
Author: Elena Todorova
123jump.com
Last Update: 11:54 AM EDT August 07 2006


Climbing oil prices weighed on market sentiment in morning trading session, pushing the stocks lower. Yet, energy shares advanced on expectations to benefit from the higher prices. Hess Corp. gained 0.6%, while Chevron Corp. climbed 0.65%. Shares of BP lost 1.8% on the Prudhoe Bay shutdown.

 

 

 

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