11-Aug-04 11:23 Sector Watch: Oil Index -XOI- rotates lower
Group ticked higher as crude oil futures jumped in mid-morning trade. The futures contract has weakened and taken this group along with the XOI (622.91, -0.9%) recently pushing to a new session low. Pressuring the group today are: VLO -3.6%, SUN -2.2%, MRO -1.8%, COP -1.3%, BP -1.3%.