Rowan, BP rise, but energy stocks weak

The Wall Street Journal's Market Watch • July 20, 2011 • By Steve Gelsi

Oil expert Nansen Saleri, president of Houston-based Quantum Reservoir Impact, said the move up in crude prices has “less to do with the inventory data and a lot more to do with the general perception regarding the state of the economy and a possible break in the debt negotiations” in Washington.