01:24 PM EDT, 06/09/2025 (MT Newswires) -- Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index up 0.9% and the Energy Select Sector SPDR Fund (XLE) rising 1.1%.

The Philadelphia Oil Service Sector index climbed 2.1%, and the Dow Jones US Utilities index was fractionally higher.

Front-month West Texas Intermediate crude oil rose 0.4% to $64.83 a barrel, and the global benchmark Brent crude contract advanced 0.3% to $66.68 a barrel. Henry Hub natural gas futures were 4.4% lower at $3.62 per 1 million BTU.

In corporate news, Baker Hughes ( BKR ) said Monday that it will sell its precision sensors and instrumentation product line to Crane (CR) for $1.15 billion as part of its efforts to optimize its portfolio for better returns. Shares added 1.2%.