financetom
Market
financetom
/
Market
/
Sector Update: Energy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy
Sep 26, 2024 12:07 AM

01:29 PM EDT, 09/24/2024 (MT Newswires) -- Energy stocks were mixed Tuesday afternoon, with the NYSE Energy Sector Index rising 0.2% and the Energy Select Sector SPDR Fund (XLE) down 0.1%.

The Philadelphia Oil Service Sector index was posting a 0.5% increase, and the Dow Jones US Utilities index was shedding 0.7%.

Front-month West Texas Intermediate crude oil was rising 1.5% to $71.42 a barrel, and the global benchmark Brent crude contract was advancing 1.4% to $74.94 a barrel. Henry Hub natural gas futures were 1.9% lower at $2.80 per 1 million BTU.

In corporate news, TotalEnergies (TTE) shares added 0.8% after the company said Tuesday it signed an agreement with HD Hyundai Chemical to supply 200,000 tons of liquefied natural gas per year for a seven-year period.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Top 2 Energy Stocks That May Fall Off A Cliff This Month
Top 2 Energy Stocks That May Fall Off A Cliff This Month
Sep 3, 2025
As of Sept. 3, 2025, two stocks in the energy sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a...
Sector Update: Tech Stocks Rise Pre-Bell Wednesday
Sector Update: Tech Stocks Rise Pre-Bell Wednesday
Sep 3, 2025
09:13 AM EDT, 09/03/2025 (MT Newswires) -- Technology stocks were rising pre-bell Wednesday, with The Technology Select Sector SPDR Fund (XLK) up 0.5% and the SPDR S&P Semiconductor ETF ( XSD ) 1.9% higher. Alphabet's (GOOG, GOOGL) Google ( GOOG ) does not have to divest its Chrome web browser, but will be barred from exclusive contracts related to the...
XORTX Therapeutics Edging Up In US Premarket As Initiates IND Preparation for XORLO in Gout Program
XORTX Therapeutics Edging Up In US Premarket As Initiates IND Preparation for XORLO in Gout Program
Sep 3, 2025
08:17 AM EDT, 09/03/2025 (MT Newswires) -- XORTX Therapeutics ( XRTX ) was edging up in US premarket trade on Wednesday after saying it is initiating an investigational new drug (IND) preparation for its lead program, XRx-026 (XORLO), which is focused on the treatment of gout. To support it, Xortx has engaged Allucent, a global contract research organization specializing in...
Connect Biopharma Ends ADR Program, Moves to Direct Nasdaq Listing; Shares Up Premarket
Connect Biopharma Ends ADR Program, Moves to Direct Nasdaq Listing; Shares Up Premarket
Sep 3, 2025
08:36 AM EDT, 09/03/2025 (MT Newswires) -- Connect Biopharma ( CNTB ) said Wednesday it has completed the termination of its American Depositary Receipt program, with its ordinary shares now directly listed on the Nasdaq Global Market. ADRs were canceled and exchanged for ordinary shares at a one-for-one ratio when the program ended on Sept. 2, the company said. Connect...
Copyright 2023-2026 - www.financetom.com All Rights Reserved