Sector Update: Energy Stocks Lean Lower Pre-Bell Monday

MT Newswires Live

Dec 02, 2024

Energy stocks were leaning lower pre-bell Monday as the Energy Select Sector SPDR Fund (XLE) slightly declined recently.

The United States Oil Fund (USO) was up 0.7% and the United States Natural Gas Fund (UNG) was 3.6% lower.

Front-month US West Texas Intermediate crude oil was 1.4% higher at $68.93 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 1.2% to $72.71 per barrel, and natural gas futures were down 5% at $3.21 per 1 million British Thermal Units.

BW LPG (BWLP) shares were down more than 1% after the company reported a decline in Q3 earnings.

Innovex International (INVX) said it has completed the acquisition of the remaining equity stake of Downhole Well Solutions. Innovex International shares were 0.2% lower premarket.

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Global benchmark North Sea Brent crude oil gained 1.2% to $72.71 per barrel, and natural gas futures were down 5% at $3.21 per 1 million British Thermal Units.</p><p>BW LPG (BWLP) shares were down more than 1% after the company reported a decline in Q3 earnings.</p><p>Innovex International (INVX) said it has completed the acquisition of the remaining equity stake of Downhole Well Solutions. Innovex International shares were 0.2% lower premarket.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4144","symbol_name":"石油与天然气的储存和运输","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2488518672","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2488518672","pubTimestamp":1733149623,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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