01:32 PM EDT, 05/06/2025 (MT Newswires) -- Energy stocks were edging higher Tuesday afternoon, with the NYSE Energy Sector Index up 0.3% and the Energy Select Sector SPDR Fund (XLE) adding 0.1%

The Philadelphia Oil Service Sector index rose 0.3%, and the Dow Jones US Utilities index was climbing 1.6%.

Front-month West Texas Intermediate crude oil was rising 3.4% to $59.09 a barrel, and the global benchmark Brent crude contract was advancing 3.1% to $62.09 a barrel. Henry Hub natural gas futures were 3% lower at $3.44 per 1 million BTU.

In corporate news, Constellation Energy ( CEG ) shares jumped past 11%. The company reported Q1 adjusted operating earnings of $2.14 per share, up from $1.82 a year earlier but below the FactSet consensus of $2.18. Operating revenue was $6.79 billion, exceeding the FactSet consensus of $5.56 billion.