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Sector Update: Energy
Aug 20, 2025 4:17 AM

01:33 PM EDT, 08/19/2025 (MT Newswires) -- Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index decreasing 0.4% and the Energy Select Sector SPDR Fund (XLE) down 0.2%.

The Philadelphia Oil Service Sector index was falling 1%, and the Dow Jones US Utilities index was up 0.6%.

Front-month West Texas Intermediate crude oil declined 1.6% to $62.44 a barrel, and the global benchmark Brent crude contract fell 1.2% to $65.79 a barrel. Henry Hub natural gas futures slumped 5.2% to $2.74 per 1 million BTU.

In corporate news, Woodside Energy ( WDS ) shares fell past 4% following its H1 results. Separately, Woodside may retain up to an 80% stake in its $17.5 billion Louisiana LNG project, even as it continues talks with potential partners, including Saudi Arabia's Aramco, the Wall Street Journal reported.

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