03:29 PM EST, 11/07/2025 (MT Newswires) -- Energy stocks rose late Friday afternoon with the NYSE Energy Sector Index gaining 1.7% and the Energy Select Sector SPDR Fund (XLE) adding 1.3%.

The Philadelphia Oil Service Sector Index advanced 0.3%, and the Dow Jones US Utilities Index rose 1%.

West Texas Intermediate crude oil rose 0.7% to $59.82 a barrel, and global benchmark Brent advanced 0.5% to $63.72 a barrel. Henry Hub natural gas futures shed 0.7% to $4.33 per 1 million BTU.

In corporate news, Petrobras (PBR) shares climbed 5.2% after the company said its new P-78 floating production, storage, and offloading unit is set to begin production at the Buzios field by year-end.