01:18 PM EDT, 09/02/2025 (MT Newswires) -- Energy stocks fell Tuesday afternoon with the NYSE Energy Sector Index decreasing 0.2% and the Energy Select Sector SPDR Fund (XLE) easing 0.1%.

The Philadelphia Oil Service Sector index and the Dow Jones US Utilities index each dropped 0.9%.

West Texas Intermediate crude oil rose 2.6% to $65.67 a barrel, and global benchmark Brent crude advanced 1.5% to $69.20 a barrel. Henry Hub natural gas futures fell 2% to $2.94 per 1 million BTU.

In corporate news, Eni (E) shares may be due for a "breather" after a solid run with a valuation now comparable with peers, making the risk-reward "less compelling" amid uncertainty over Chief Executive Officer Claudio Descalzi's potential transition when his term ends in 2026, RBC Capital Markets said. RBC downgraded the stock to sector perform from outperform. Eni shares dropped 0.8%.