03:25 PM EDT, 06/10/2024 (MT Newswires) -- Energy stocks gained late Monday afternoon with the NYSE Energy Sector Index rising 1.3% and the Energy Select Sector SPDR Fund (XLE) up 1%.

The Philadelphia Oil Service Sector index jumped 3.2%, and the Dow Jones US Utilities index added 0.4%.

West Texas Intermediate crude oil climbed 3.1% to $77.89 a barrel, while global benchmark Brent crude gained 2.7% to $81.78 a barrel. Henry Hub natural gas futures rose 0.4% to $2.93 per 1 million BTU.

In corporate news, Drilling Tools International ( DTI ) shares advanced 2% after it said it expects to be added to the Russell 2000, Russell 2500, Russell 3000, Russell Small Cap Completeness Index and Russell Microcap Index.