03:50 PM EDT, 06/20/2025 (MT Newswires) -- Energy stocks advanced late Friday afternoon, with the NYSE Energy Sector Index up 0.4% and the Energy Select Sector SPDR Fund (XLE) adding 0.7%.

The Philadelphia Oil Service Sector index was falling 1%, and the Dow Jones US Utilities index was increasing 0.3%.

Front-month West Texas Intermediate crude oil shed 0.3% to $74.93 a barrel, and the global benchmark Brent crude contract was dropping 2.1% to $77.16 a barrel. Henry Hub natural gas futures were 2.8% lower at $3.88 per 1 million BTU.

In corporate news, Canadian Natural Resources ( CNQ ) struck an agreement with Canada's Competition Bureau to alleviate competition concerns over its takeover of Schlumberger's ( SLB ) interests in the Palliser Block joint venture, which includes natural gas processing plants in southeastern Alberta. Canadian Natural shares and Schlumberger ( SLB ) each eased about 0.6%.

Centrus Energy ( LEU ) shares jumped 4.8% after the US Department of Energy extended its contract to produce High-Assay, Low-Enriched Uranium through June 2026, an extension valued at about $110 million.

Chevron ( CVX ) is looking for buyers for its 50% stake in Singapore Refining, including from its joint venture partner PetroChina, Reuters reported Thursday. Chevron ( CVX ) was up 0.5%.

UGI (UGI) shares were down 0.4% after the company said its AmeriGas Propane subsidiary has agreed to sell some assets in Hawaii to Isle Gas, a subsidiary of AMF Hawaii Investment.