Energy Stocks Fall On Dollar, Chinese Data - Energy Roundup

Features Dow Jones Newswires

Shares of energy producers fell as a stronger dollar, weak Chinese industrial data and mixed data on inventories weighed on oil futures. Recent demand outlooks and inventory tallies have suggested there is a growing oversupply of gasoline in the U.S. Shares of Tesco rallied after the rig-equipment maker agreed to a buyout from rig contractor Nabors for a 19% premium to its Friday closing price.

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-Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

August 14, 2017 16:28 ET (20:28 GMT)