Another gain for WTI crude (USO +1.4%) sends the price to $107.70/barrel - the highest in about...

|By:, SA News Editor

Another gain for WTI crude (USO +1.4%) sends the price to $107.70/barrel - the highest in about 15 months - and the energy sector (XLE +1.2%) to a big advance. Leading the way and hitting a 5-year high today is Exxon (XOM +1%). The company is looking to beat out a unit of Temasek Holdings and Shell to stock a 9M metric ton terminal on Jurong Island which Singapore hopes will turn the country into Asia's LNG hub.