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Sector Update: Energy
Nov 21, 2025 10:23 AM

01:11 PM EST, 11/21/2025 (MT Newswires) -- Energy stocks were higher Friday afternoon, with the NYSE Energy Sector Index up 0.4% and the Energy Select Sector SPDR Fund (XLE) rising 0.5%.

The Philadelphia Oil Service Sector Index was climbing 1.2%, and the Dow Jones US Utilities Index was increasing 0.3%.

Front-month West Texas Intermediate crude oil declined 2% to $57.83 a barrel, and the global benchmark Brent crude contract dropped 1.6% to $62.30 a barrel. Henry Hub natural gas futures rose 3.2% to $4.62 per 1 million BTU.

In corporate news, Enviri ( NVRI ) shares jumped 28% after it said Friday that it agreed to sell its hazardous-waste unit Clean Earth to French water and waste management company Veolia Environnement in a deal worth about $3.04 billion. The American environmental company plans to spin off its Harsco environmental and rail businesses into a standalone publicly traded entity.

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