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
May 29, 2025 6:33 AM

09:05 AM EDT, 05/29/2025 (MT Newswires) -- Energy stocks were rising pre-bell Thursday as the Energy Select Sector SPDR Fund (XLE) advanced by 0.2% recently.

The United States Oil Fund (USO) was up 0.2% and the United States Natural Gas Fund (UNG) was 0.4% lower.

Front-month US West Texas Intermediate crude oil was down 0.3% at $61.68 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.2% to $64.85 per barrel, and natural gas futures were 1.2% lower at $3.51 per 1 million British Thermal Units.

NextDecade ( NEXT ) shares were up more than 4% after the company said it had executed a 20-year agreement with JERA to supply 2 million tonnes of LNG per year on a free on-board basis from Train 5 at its Rio Grande LNG project.

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 >
Copyright 2023-2026 - www.financetom.com All Rights Reserved