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Sector Update: Energy
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Sector Update: Energy
Apr 23, 2024 6:25 AM

08:51 AM EDT, 04/23/2024 (MT Newswires) -- Energy stocks were declining pre-bell Tuesday, with the Energy Select Sector SPDR Fund (XLE) down 0.4% recently.

The United States Oil Fund (USO) was 1.2% lower, and the United States Natural Gas Fund (UNG) was down 0.7%.

Front-month US West Texas Intermediate crude was down 0.9% at $81.14 per barrel at the New York Mercantile Exchange. Global benchmark Brent lost 0.8% to $86.29 per barrel, and natural-gas futures were down 0.8% at $1.78 per 1 million BTU.

Halliburton ( HAL ) was up 0.4% after it reported higher Q1 adjusted earnings and revenue.

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