03:21 PM EDT, 04/22/2024 (MT Newswires) -- Energy stocks were rising late Monday afternoon, with the NYSE Energy Sector Index adding 1.1% and the Energy Select Sector SPDR Fund (XLE) up 1%.

The Philadelphia Oil Service Sector index advanced 0.6%, and the Dow Jones US Utilities index rose 0.9%.

West Texas Intermediate crude oil declined 0.4% to $82.85 a barrel, while global benchmark Brent crude fell 0.2% to $87.13 a barrel. Henry Hub natural-gas futures climbed 2.1% to $1.79 per 1 million BTU.

In corporate news, Southern Co. ( SO ) shares gained 0.9% after the company increased its quarterly dividend by $0.02 to $0.72 per share.