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Sector Update: Energy
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Sector Update: Energy
Jun 10, 2025 1:19 PM

03:51 PM EDT, 06/10/2025 (MT Newswires) -- Energy stocks were higher late Tuesday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each rising 1.6%.

The Philadelphia Oil Service Sector index climbed 3.1%, and the Dow Jones US Utilities index was fractionally higher.

Front-month West Texas Intermediate crude oil shed 0.9% to $64.70 a barrel, and the global benchmark Brent crude contract fell 0.7% to $66.57 a barrel. Henry Hub natural gas futures dropped 6.6% to $3.54 per 1 million BTU.

In corporate news, XCF Global (SAFX) shares dropped 34%, a day after the company said its class A common stock started trading on Nasdaq under the SAFX ticker.

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