MARKET WATCH: Gas price rises, but crude increase was 'underwhelming'

The February crude contract posted an “underwhelming” gain Jan. 10 in the New York futures market against a background of encouraging economic indicators, analysts said. Natural gas climbed 2.6%, however, and corporate energy stocks improved with the SIG Oil Exploration & Production Index up 1.2% and the Oil Service Index gaining 1.3%.

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