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Sector Update: Energy
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Sector Update: Energy
Mar 17, 2025 6:28 AM

09:02 AM EDT, 03/17/2025 (MT Newswires) -- Energy stocks were edging higher premarket Monday with the Energy Select Sector SPDR Fund (XLE) recently advancing by 0.1%.

The United States Oil Fund (USO) was up 1.3% and the United States Natural Gas Fund (UNG) was 0.9% lower.

Front-month US West Texas Intermediate crude oil was up 1.2% at $67.99 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 1.2% to $71.43 per barrel, and natural gas futures were 0.9% lower at $4.07 per 1 million British Thermal Units.

Chord Energy ( CHRD ) said late Friday it appointed Lara Kroll as chief accounting officer, effective March 15. Chord Energy ( CHRD ) shares were almost 3% higher pre-bell.

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