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Sector Update: Energy
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Sector Update: Energy
Sep 16, 2025 10:50 AM

01:32 PM EDT, 09/16/2025 (MT Newswires) -- Energy stocks were higher Tuesday afternoon, with the NYSE Energy Sector Index up 1.2% and the Energy Select Sector SPDR Fund (XLE) adding 1.7%.

The Philadelphia Oil Service Sector index was climbing 2%, and the Dow Jones US Utilities index was shedding 1%.

Front-month West Texas Intermediate crude oil was rising 2% to $64.56 a barrel, and the global benchmark Brent crude contract was advancing 1.5% to $68.46 a barrel. Henry Hub natural gas futures were 1.7% higher at $3.10 per 1 million BTU.

In corporate news, Chevron ( CVX ) signed a deal with Israel's state-owned pipeline operator to begin construction of the Nitzana natural gas line to transport fuel from the Leviathan field to Egypt, Reuters reported. Chevron ( CVX ) shares rose 1.5%.

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