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Sector Update: Energy
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Sector Update: Energy
Mar 7, 2024 6:31 AM

09:08 AM EST, 03/07/2024 (MT Newswires) -- Energy stocks were steady premarket Thursday as the Energy Select Sector SPDR Fund (XLE) was up less than 0.1% recently.

The United States Oil Fund (USO) was 0.6% lower and the United States Natural Gas Fund (UNG) was down 1.1%.

Front-month US West Texas Intermediate crude oil was down 0.6% at $78.67 per barrel at the New York Mercantile Exchange. Global benchmark North Sea crude oil lost 0.6% to $82.50 per barrel, and natural gas futures were 0.8% lower at $1.91 per 1 million British Thermal Units.

Kodiak Gas Services ( KGS ) was 7.7% lower in recent premarket activity after reporting it swung to a loss in Q4.

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