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by Stockwatch Business Reporter

West Texas Intermediate crude for November delivery added 61 cents to $48.66 on the New York Merc, while Brent for December added 61 cents to $50.80 (all figures in this para U.S.). Western Canadian Select traded at a discount of $14.00 to WTI ($34.66), down from a discount of $13.95. Natural gas for November added one cent to $2.91. The TSX energy index added 1.26 points to close at 201.05.

Gran Tierra Energy Inc. (GTE) edged down five cents to $3.88 on 1.1 million shares. Its country of focus, Colombia, is still reeling from the results of yesterday's referendum, at which a historic peace agreement between the government and the largest rebel group, FARC, was narrowly defeated, despite nearly all polls having predicted victory. The agreement was intended to end a five-decade-old conflict that has left an estimated 200,000 to 250,000 dead and five million to six million displaced. It was widely expected to be approved, with pre-election polls forecasting an almost 2-to-1 margin of victory. Yet the "no" side, which generally viewed the agreement as too lenient on the rebels, eked out a surprising and narrow win. Fewer than 54,000 votes separated the "no" side, with 50.2 per cent of the vote, and the "yes" side, with 49.8 per cent, according to Bloomberg. Only 37 per cent of voters cast their ballots. The low turnout may have reflected some apathy on the "yes" side, as well as hurricane-related bad weather in many coastal areas. The failure of the deal means a difficult return to the negotiating table. In the meantime, the government says that the bilateral ceasefire agreement signed earlier this year will remain in place.

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