03:17 PM EDT, 09/23/2025 (MT Newswires) -- Energy stocks rose late Tuesday afternoon, with the NYSE Energy Sector Index up 1.7% and the Energy Select Sector SPDR Fund (XLE) adding 1.9%.

The Philadelphia Oil Service Sector Index climbed 3.5%, and the Dow Jones US Utilities Index rose 0.4%.

West Texas Intermediate crude oil rose 2% to $63.53 a barrel, and global benchmark Brent advanced 1.7% to $67.73 a barrel. Henry Hub natural gas futures climbed 1.8% to $2.86 per 1 million BTU.

In corporate news, Lithium Americas ( LAC ) shares fell past 8% after Bloomberg reported that the company's $2.3 billion loan to develop the Thacker Pass lithium project in Nevada is under review by the Trump administration.