03:23 PM EDT, 10/11/2024 (MT Newswires) -- Energy stocks rose late Friday afternoon, with the NYSE Energy Sector Index up 0.6% and the Energy Select Sector SPDR Fund (XLE) adding 0.9%.

The Philadelphia Oil Service Sector index gained 1.1%, and the Dow Jones US Utilities index was rising 0.7%.

West Texas Intermediate crude oil shed 0.6% to $75.40 a barrel, while global benchmark Brent fell 0.7% to $78.86 a barrel. Henry Hub natural gas futures declined 1.6% to $2.63 per 1 million BTU.

In corporate news, Shell (SHEL) employees have criticized the company's leadership over proposed job cuts, Bloomberg reported. Its shares were down 0.3%.