Chinese "enhanced oil recovery" specialist SinoTech Energy (CTE) bucking the sector trend today,...

|About: SinoTech Energy Limited (CTE)|By:, SA News Editor

Chinese "enhanced oil recovery" specialist SinoTech Energy (CTE) bucking the sector trend today, up 7.8% after calling for $20M in share buybacks. Energy is still leading the downward charge in stocks after news of the IEA's oil dump (XOM -3%; CVX -3.3%; BP -2.9%).