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
Apr 1, 2025 12:53 PM

03:30 PM EDT, 04/01/2025 (MT Newswires) -- Energy stocks were mixed late Tuesday afternoon with the NYSE Energy Sector Index down 0.1% and the Energy Select Sector SPDR Fund (XLE) adding 0.3%.

The Philadelphia Oil Service Sector Index rose 1%, and the Dow Jones US Utilities Index increased 0.1%.

West Texas Intermediate crude oil declined 0.4% to $71.22 a barrel, and global benchmark Brent fell 0.4% to $74.46 a barrel. Henry Hub natural gas futures dropped 3.9% to $3.96 per 1 million BTU.

In corporate news, Shell (SHEL) shares were down 0.8% after it said Tuesday it completed the sale of its Energy and Chemicals Park in Singapore to CAPGC, a joint venture between Chandra Asri Capital and Glencore Asian Holding.

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 >
Exchange-Traded Funds, US Equities Advance After Midday
Exchange-Traded Funds, US Equities Advance After Midday
May 26, 2025
01:11 PM EDT, 05/12/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) was up 3.5%. US equity indexes soared after the US and China reached a deal to reduce tariffs, easing concerns that an all-out trade war between the world's two largest economies would underpin inflation and hurt...
Sector Update: Energy
Sector Update: Energy
May 26, 2025
01:25 PM EDT, 05/12/2025 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.6% and the Energy Select Sector SPDR Fund (XLE) climbing 2.4%. The Philadelphia Oil Service Sector index popped 4%, while the Dow Jones US Utilities index was down 0.3%. Front-month West Texas Intermediate crude oil was rising 2% to $62.26...
US Equity Indexes Surge as China Trade Talks Produce Temporary Cuts in Punitive Tariffs
US Equity Indexes Surge as China Trade Talks Produce Temporary Cuts in Punitive Tariffs
May 26, 2025
12:21 PM EDT, 05/12/2025 (MT Newswires) -- US equity indexes soared after the US and China reached a deal to reduce tariffs, easing concerns that an all-out trade war between the world's two largest economies would underpin inflation and hurt growth. The Nasdaq Composite jumped 3.6% to 18,572.5, the S&P 500 rose 2.6% to 5,806.7, and the Dow Jones Industrial...
Sector Update: Energy Stocks Rise Monday Afternoon
Sector Update: Energy Stocks Rise Monday Afternoon
May 26, 2025
01:41 PM EDT, 05/12/2025 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.6% and the Energy Select Sector SPDR Fund (XLE) climbing 2.4%. The Philadelphia Oil Service Sector index gained 4%, while the Dow Jones US Utilities index was down 0.3%. Front-month West Texas Intermediate crude oil was rising 2% to $62.26...
Copyright 2023-2026 - www.financetom.com All Rights Reserved