financetom
Market
financetom
/
Market
/
Sector Update: Energy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy
Feb 27, 2025 6:27 AM

09:01 AM EST, 02/27/2025 (MT Newswires) -- Energy stocks rose premarket Thursday with the Energy Select Sector SPDR Fund (XLE) 0.4% higher recently.

The United States Oil Fund (USO) was up 0.9% and the United States Natural Gas Fund (UNG) was 1.1% lower.

Front-month US West Texas Intermediate crude oil was up 1% at $69.33 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 1.1% to $73.32 per barrel, and natural gas futures were 0.9% lower at $3.92 per 1 million British Thermal Units.

TechnipFMC ( FTI ) shares were up almost 6% after the company reported higher Q4 adjusted earnings and revenue.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Top Midday Gainers
Top Midday Gainers
Nov 3, 2024
02:37 PM EDT, 10/28/2024 (MT Newswires) -- Monte Rosa Therapeutics ( GLUE ) said Monday that it entered into a global development and commercialization license agreement with Novartis ( NVS ) for VAV1-directed molecular glue degraders, including MRT-6160. Shares of Monte Rosa soared 140% as intraday trading volume catapulted to over 83.7 million from a daily average of more than...
Sector Update: Financial
Sector Update: Financial
Nov 3, 2024
03:29 PM EDT, 10/28/2024 (MT Newswires) -- Financial stocks advanced in late Monday afternoon trading with the NYSE Financial Index rising 1.1% and the Financial Select Sector SPDR Fund (XLF) gaining 1.2%. The Philadelphia Housing Index added 0.7%, and the Real Estate Select Sector SPDR Fund (XLRE) rose 0.4%. Bitcoin (BTC-USD) increased 2.7% to $69,785, and the yield for 10-year...
Sector Update: Energy
Sector Update: Energy
Nov 3, 2024
03:24 PM EDT, 10/28/2024 (MT Newswires) -- Energy stocks were lower late Monday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each decreasing 0.8%. The Philadelphia Oil Service Sector index was posting a 1.5% drop, while the Dow Jones US Utilities index was rising 0.9%. Israel's retaliatory strike on Iran neither targeted the...
US STOCKS-Wall Street rises ahead of megacap earnings, presidential election
US STOCKS-Wall Street rises ahead of megacap earnings, presidential election
Nov 3, 2024
* Boeing ( BA ) falls on stock offering * Small-cap Russell 2000 jumps 1.7% * 169 S&P 500 companies to report this week * Indexes up: Dow 0.73%, S&P 500 0.42%, Nasdaq 0.53% (Updated as of 2:15 p.m. ET) By Abigail Summerville Oct 28 (Reuters) - Wall Street rose on Monday ahead of a packed week of earnings from...
Copyright 2023-2025 - www.financetom.com All Rights Reserved