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Sector Update: Energy
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Sector Update: Energy
May 26, 2025 10:53 AM

09:04 AM EDT, 05/20/2025 (MT Newswires) -- Energy stocks fell pre-bell Tuesday with the Energy Select Sector SPDR Fund (XLE) 0.1% lower recently.

The United States Oil Fund (USO) was down 0.2% and the United States Natural Gas Fund (UNG) was 3.1% higher.

Front-month US West Texas Intermediate crude oil was down 0.3% at $61.98 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.3% to $65.33 per barrel. Natural gas futures were 3% higher at $3.556 per 1 million British Thermal Units.

ProPetro Holding ( PUMP ) shares advanced by over 7% after the company said its PROPWR unit was awarded a 10-year contract to provide 80 megawatts of power generation capacity to an unnamed oil and gas exploration and production company.

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