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Sector Update: Energy
Sep 1, 2024 10:33 AM

09:04 AM EDT, 08/30/2024 (MT Newswires) -- Energy stocks were mixed pre-bell Friday with the Energy Select Sector SPDR Fund (XLE) down 0.2% recently.

The United States Oil Fund (USO) was 1% lower and the United States Natural Gas Fund (UNG) was 0.4% higher.

Front-month US West Texas Intermediate crude oil was up 0.2% at $76.03 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.1% to $79.83 per barrel, and natural gas futures were up 0.2% at $2.14 per 1 million British Thermal Units.

Talos Energy ( TALO ) said President and Chief Executive Tim Duncan has stepped down and Joseph Mills has been named interim president and CEO until a successor is in place. Talos Energy ( TALO ) shares were down more than 2% premarket.

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