01:21 PM EDT, 08/13/2025 (MT Newswires) -- Energy stocks edged higher Wednesday afternoon with the NYSE Energy Sector Index up 0.2% and the Energy Select Sector SPDR Fund (XLE) adding 0.1%.

The Philadelphia Oil Service Sector Index was little changed, and the Dow Jones US Utilities Index shed 0.4%.

West Texas Intermediate crude oil fell 1.4% to $62.27 a barrel, and global benchmark Brent dropped 1.2% to $65.31 a barrel. Henry Hub natural gas futures shed 0.2% to $2.80 per 1 million BTU.

In corporate news, Green Plains ( GPRE ) pledged the bulk of its ethanol plants as collateral to funds managed by BlackRock (BLK) as the biofuel maker seeks more time to repay its $128 million debt, Bloomberg reported. Green Plains ( GPRE ) shares rose 4.2%.