04:00 PM EDT, 10/07/2025 (MT Newswires) -- Energy stocks fell declined Tuesday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each decreasing about 0.2%.

The Philadelphia Oil Service Sector Index shed 0.3%, while the Dow Jones US Utilities Index increased 0.5%.

West Texas Intermediate crude oil rose 0.5% to $61.97 a barrel, and global benchmark Brent added 0.4% to $65.70 a barrel. Henry Hub natural gas futures rose 4.3% to $3.50 per 1 million BTU.

In corporate news, Solaris Energy Infrastructure ( SEI ) shares dropped 6.4% after the company priced an upsized offering of $650 million of 0.25% convertible senior notes due 2031.

ONEOK ( OKE ) said late Monday a fire occurred in the heating system of its MB-4 fractionator, which is one of the facilities at its Mont Belvieu, Texas, fractionation complex. Separately, Scotiabank cut its price target on the stock to $88 from $92, while keeping its sector outperform rating. ONEOK ( OKE ) shed 0.4%.

Chevron ( CVX ) is working to restart some of the processing units that were closed because of a fire at its El Segundo refinery in California last week, Reuters reported Tuesday, citing the company. Chevron ( CVX ) shares were up 0.5%.

Shell (SHEL) said Tuesday it expects roughly $600 million in noncash post-tax impairments and provisions in Q3 due to the cancellation of its Rotterdam HEFA project in the Netherlands. Its shares added 0.9%.