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Sector Update: Energy
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Sector Update: Energy
Jun 10, 2025 10:58 AM

01:38 PM EDT, 06/10/2025 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each rising about 2.2%.

The Philadelphia Oil Service Sector index climbed 3.7%, and the Dow Jones US Utilities index was 0.1% higher.

Front-month West Texas Intermediate crude oil was up 0.1% at $65.35 a barrel, and the global benchmark Brent crude contract was advancing 0.2% to $67.20 a barrel. Henry Hub natural gas futures were 2.6% lower at $3.54 per 1 million BTU.

In corporate news, Marathon Petroleum ( MPC ) shares popped 2.3% after TD Cowen raised its price target to $163 from $152.

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