Energy Shares Higher as Oil Settles over $74 a barrel

The price of oil closed to more than $74 a barrel today after from economic data from both the U.S. and China. Inventory data from Reuters showed a drop in gasoline and distillate stocks which helped support the oil gains. The energy sector was up over 3% on the day led by big movers such as U.S Energy Corp.USEG and Kodiak Oil & Gas Corp. KOG which had gains of about 10%. Shares of USEG closed today at $4.47 and KOG closed today at $2.69