financetom
Market
financetom
/
Market
/
Sector Update: Energy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy
Oct 13, 2025 10:23 AM

01:03 PM EDT, 10/13/2025 (MT Newswires) -- Energy stocks rose Monday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each adding 1.2%.

The Philadelphia Oil Service Sector Index climbed 2.1%, and the Dow Jones US Utilities Index gained 0.9%.

West Texas Intermediate crude oil rose 1.2% to $59.59 a barrel, and global benchmark Brent advanced 1.1% to $63.40 a barrel. Henry Hub natural gas futures climbed 0.2% to $3.11 per 1 million BTU.

In corporate news, Bloom Energy ( BE ) shares surged 31% after the company announced a $5 billion partnership with Brookfield Asset Management (BAM) to deploy its fuel cell technology in building AI infrastructure.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved