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
Feb 26, 2025 6:24 AM

09:02 AM EST, 02/26/2025 (MT Newswires) -- Energy stocks were leaning lower premarket Wednesday with the Energy Select Sector SPDR Fund (XLE) slightly declining recently.

The United States Oil Fund (USO) was down 0.4% and the United States Natural Gas Fund (UNG) was 1.2% lower.

Front-month US West Texas Intermediate crude oil was unchanged at $68.93 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.1% to $72.94 per barrel, and natural gas futures were 2.7% lower at $4.06 per 1 million British Thermal Units.

DT Midstream ( DTM ) shares rose past 3% after the company reported Q4 operating earnings above analysts' expectations. The company also increased its quarterly dividend by 12%.

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 >
Wall Street ends lower on penultimate trading day of a strong 2024
Wall Street ends lower on penultimate trading day of a strong 2024
Dec 30, 2024
(Deletes fourth bullet point which contained old information) NEW YORK (Reuters) - Wall Street closed in negative territory on Monday in light volume at the top of a holiday-shortened week in the second-to-last trading session of an eventful year in which all three indexes posted strong double-digit gains. End-of-year tax positioning, valuations, climbing Treasury yields and uncertainties about 2025 all...
Dow Tumbles Over 400 Points As Tesla, Meta Decline: Fear Continues To Grip Markets, Greed Index Remains In Red Zone
Dow Tumbles Over 400 Points As Tesla, Meta Decline: Fear Continues To Grip Markets, Greed Index Remains In Red Zone
Dec 30, 2024
The CNN Money Fear and Greed index showed an increase in the overall fear level, while the index remained in the “Fear” zone on Monday. U.S. stocks settled lower on Monday, with the Dow Jones index dipping more than 400 points during the session. Large tech stocks fell again on Monday, with shares of Tesla Inc. ( TSLA ) declining...
CompoSecure, Cemtrex And 3 Stocks To Watch Heading Into Tuesday
CompoSecure, Cemtrex And 3 Stocks To Watch Heading Into Tuesday
Dec 30, 2024
With U.S. stock futures trading slightly lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows: EHang Holdings Limited ( EH ) announced strong preliminary revenues for the fourth quarter and fiscal year ended Dec. 31. Total revenues for the fourth quarter are projected to reach RMB162 million, representing a 20% increase...
Wall Street ends lower on penultimate trading day of a strong 2024
Wall Street ends lower on penultimate trading day of a strong 2024
Dec 30, 2024
(Deletes fourth bullet point which contained old information) NEW YORK (Reuters) - Wall Street closed in negative territory on Monday in light volume at the top of a holiday-shortened week in the second-to-last trading session of an eventful year in which all three indexes posted strong double-digit gains. End-of-year tax positioning, valuations, climbing Treasury yields and uncertainties about 2025 all...
Copyright 2023-2026 - www.financetom.com All Rights Reserved