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Sector Update: Energy
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Sector Update: Energy
Feb 14, 2025 6:40 AM

09:04 AM EST, 02/14/2025 (MT Newswires) -- Energy stocks advanced premarket Friday as the Energy Select Sector SPDR Fund (XLE) rose by 0.4% recently.

The United States Oil Fund (USO) was up 0.3% and the United States Natural Gas Fund (UNG) was 1.6% higher.

Front-month US West Texas Intermediate crude oil was up 0.6% at $71.74 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.7% to $75.56 per barrel, and natural gas futures were 1.9% higher at $3.70 per 1 million British Thermal Units.

Enbridge ( ENB ) shares advanced more than 1% after the company reported an increase in Q4 adjusted earnings.

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