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Sector Update: Energy
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Sector Update: Energy
Feb 25, 2025 6:27 AM

08:57 AM EST, 02/25/2025 (MT Newswires) -- Energy stocks rose premarket Tuesday as the Energy Select Sector SPDR Fund (XLE) recently advanced by 0.1%.

The United States Oil Fund (USO) was down almost 1% and the United States Natural Gas Fund (UNG) was 0.5% higher.

Front-month US West Texas Intermediate crude oil was down 0.7% at $70.21 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.7% to $74.24 per barrel, and natural gas futures were 0.9% higher at $4.03 per 1 million British Thermal Units.

Woodside Energy Group ( WDS ) shares rose nearly 4% after the company reported an increase in 2024 earnings.

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