01:20 PM EST, 11/13/2025 (MT Newswires) -- Energy stocks were higher Thursday afternoon, with the NYSE Energy Sector Index up 0.4% and the Energy Select Sector SPDR Fund (XLE) rising 1%.

The Philadelphia Oil Service Sector Index was climbing 1.1%, and the Dow Jones US Utilities Index was shedding 0.7%.

Front-month West Texas Intermediate crude oil rose 0.6% to $58.82 a barrel, and the global benchmark Brent crude contract advanced 0.6% to $63.12 a barrel. Henry Hub natural gas futures gained 2.6% to $4.65 per 1 million BTU.

In corporate news, APA (APA) has emerged as a potential partner for Repsol, which is considering a reverse merger of its upstream unit, Bloomberg reported. APA shares rose 2.3%.