financetom
Market
financetom
/
Market
/
Sector Update: Energy Stocks Advance Pre-Bell Friday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy Stocks Advance Pre-Bell Friday
Jun 6, 2025 6:53 AM

09:18 AM EDT, 06/06/2025 (MT Newswires) -- Energy stocks were advancing pre-bell Friday with the Energy Select Sector SPDR Fund ( XLE ) recently up 0.6%.

The United States Oil Fund ( USO ) was up 0.5% and the United States Natural Gas Fund (UNG) was 0.4% higher.

Front-month US West Texas Intermediate crude oil was up 0.5% at $63.67 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.4% to $65.60 per barrel, and natural gas futures were 0.6% higher at $3.70 per 1 million British Thermal Units.

Petrobras (PBR) is targeting Africa as its main development region outside Brazil, Reuters reported, citing Chief Executive Magda Chambriard. Petrobras shares were 0.1% higher premarket.

Constellation Energy ( CEG ) shares were up nearly 1% after the company said it received approval from the Public Utility Commission of Texas for its acquisition of Calpine.

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 >
TSX up 94 Points at Midday
TSX up 94 Points at Midday
Jan 21, 2025
12:39 PM EST, 01/21/2025 (MT Newswires) -- The Toronto Stock Exchange is up 94 points at midday, led by gains in technology(+1.2%). Energy, down 1%, is the biggest decliner. Oil prices weakened early on Tuesday as Donald Trump declared a national energy emergency on the first day of his return to the U.S. presidency and postponed to Feb. 1 plans...
Top Midday Stories: Charles Schwab's Adjusted Earnings Rise; Apple Q4 China Sales Reportedly Drop
Top Midday Stories: Charles Schwab's Adjusted Earnings Rise; Apple Q4 China Sales Reportedly Drop
Jan 21, 2025
12:06 PM EST, 01/21/2025 (MT Newswires) -- Wall Street's major market averages were higher around midday Tuesday, the first trading day of President Donald Trump's second term. In equities, Charles Schwab ( SCHW ) shares rose 3.3% after it reported higher Q4 adjusted earnings and total net revenue. Prologis ( PLD ) shares advanced 3.7% after it reported higher Q4...
US STOCKS-Wall St advances with focus on President Trump's trade policy
US STOCKS-Wall St advances with focus on President Trump's trade policy
Jan 21, 2025
(For a Reuters live blog on U.S., UK and European stock markets, click/ or type LIVE/ in a news window.) * Apple ( AAPL ) falls after brokerage downgrade * 3M ( MMM ) up after fourth-quarter profit beat * Walgreens falls after DoJ accusation on opioid prescriptions * Indexes up: Dow 0.91%, S&P 500 0.48%, Nasdaq 0.09% (Updates with...
US Equity Indexes Rise in Midday Trading
US Equity Indexes Rise in Midday Trading
Jan 21, 2025
12:43 PM EST, 01/21/2025 (MT Newswires) -- US equity indexes were rising in a broad-based rally after midday on Tuesday as government bond yields were mixed after President Donald Trump's inauguration. The Dow Jones Industrial Average rose 1.1% to 43,946.1, with the S&P 500 up 0.7% to 6,040.2 and the Nasdaq Composite 0.5% higher at 19,726.1. All sectors, except energy...
Copyright 2023-2026 - www.financetom.com All Rights Reserved