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Oil Escapes Worst of Selloff

Stock quotes in this article: XOM , COP , CVX , HAL , SLB , BEXP , DBE , DBO  

Updated from 2:08 p.m. EST

Energy prices rebounded from their steep losses earlier Tuesday as warm weather worries subsided and bargain hunters entered the market.

Contracts for February delivery of light sweet crude ended down 45 cents at $55.64 a barrel on the New York Mercantile Exchange. At its worst point of the day, oil was lower by more than $2 before turning around.

Other energy futures completely erased their losses and went positive. Gasoline was fractionally higher at $1.47 a gallon, and natural gas was at $6.63 per million British thermal units, up 25 cents. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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