Sector Update: Energy

MT Newswires Live

Jun 03, 2025

Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.2% and the Energy Select Sector SPDR Fund (XLE) up 0.7%.

The Philadelphia Oil Service Sector index added 0.7%, while the Dow Jones US Utilities index shed 0.3%.

Front-month West Texas Intermediate crude oil was rising 2.9% to $62.55 a barrel, and the global benchmark Brent crude contract was advancing 3.3% to $64.85 a barrel. Henry Hub natural gas futures jumped 7% to $3.69 per 1 million BTU.

In corporate news, BP's (BP) Castrol lubricants business has drawn early interest from potential bidders, but some are mulling offers less than the targeted valuation of over $8 billion, the Financial Times reported Sunday. BP shares were up 1.1%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Trading app for stocks, options & ETFs","description":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","keywords":"tiger brokers,tiger brokers au,tiger brokers australia,tiger trade,tiger trading,australia stock platform,US option,US stocks,stocks and options,australian trading platform,online broker australia,stock trading apps,mobile trading app,desktop trading,chess sponsored brokers,share trading platform","social":{"ogDescription":"Invest in US, ASX, HK, China A-shares, ETFs & options with Tiger Brokers, Australia's trusted stock trading app!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2540279063"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"AUS","license":"TBAU","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2540279063\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2540279063?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-06-03 02:19","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2540279063","market":"sh","top_or_hot":-1,"title":"Sector Update: Energy","media":"MT Newswires Live","content":"<html><body><p> Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.2% and the Energy Select Sector SPDR Fund (XLE) up 0.7%.</p><p>The Philadelphia Oil Service Sector index added 0.7%, while the Dow Jones US Utilities index shed 0.3%.</p><p>Front-month West Texas Intermediate crude oil was rising 2.9% to $62.55 a barrel, and the global benchmark Brent crude contract was advancing 3.3% to $64.85 a barrel. Henry Hub natural gas futures jumped 7% to $3.69 per 1 million BTU.</p><p>In corporate news, BP's (BP) Castrol lubricants business has drawn early interest from potential bidders, but some are mulling offers less than the targeted valuation of over $8 billion, the Financial Times reported Sunday. BP shares were up 1.1%.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sector Update: Energy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSector Update: Energy\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2025-06-03 02:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.2% and the Energy Select Sector SPDR Fund (XLE) up 0.7%.</p><p>The Philadelphia Oil Service Sector index added 0.7%, while the Dow Jones US Utilities index shed 0.3%.</p><p>Front-month West Texas Intermediate crude oil was rising 2.9% to $62.55 a barrel, and the global benchmark Brent crude contract was advancing 3.3% to $64.85 a barrel. Henry Hub natural gas futures jumped 7% to $3.69 per 1 million BTU.</p><p>In corporate news, BP's (BP) Castrol lubricants business has drawn early interest from potential bidders, but some are mulling offers less than the targeted valuation of over $8 billion, the Financial Times reported Sunday. BP shares were up 1.1%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"XLE","symbol_name":"SPDR能源指数ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2540279063","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2540279063","pubTimestamp":1748888383,"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. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.2% and the Energy Select Sector SPDR Fund  up 0.7%.The Philadelphia Oil Service Sector index added 0.7%, while the Dow Jones US Utilities index shed 0.3%.Front-month West Texas Intermediate crude oil was rising 2.9% to $62.55 a barrel, and the global benchmark Brent crude contract was advancing 3.3% to $64.85 a barrel. Henry Hub natural gas futures jumped 7% to $3.69 per 1 million BTU.In corporate news, BP's  Castrol lubricants business has drawn early interest from potential bidders, but some are mulling offers less than the targeted valuation of over $8 billion, the Financial Times reported Sunday. BP shares were up 1.1%.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"XLE":"SPDR能源指数ETF","BK4201":"综合性石油与天然气企业","BK4588":"碎股","LU0162691827.USD":"BGF US BASIC VALUE \"A4\" INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","BP":"英国石油","LU1829250122.USD":"高盛欧洲核心股票组合Acc","LU0072461881.USD":"BGF US BASIC VALUE \"A2\" ACC","BK4570":"地缘局势概念股"},"translate_title":"行业更新：能源","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BP":0.9,"XLE":1},"content_text":"Energy stocks were higher Monday afternoon, with the NYSE Energy Sector Index rising 1.2% and the Energy Select Sector SPDR Fund (XLE) up 0.7%.The Philadelphia Oil Service Sector index added 0.7%, while the Dow Jones US Utilities index shed 0.3%.Front-month West Texas Intermediate crude oil was rising 2.9% to $62.55 a barrel, and the global benchmark Brent crude contract was advancing 3.3% to $64.85 a barrel. Henry Hub natural gas futures jumped 7% to $3.69 per 1 million BTU.In corporate news, BP's (BP) Castrol lubricants business has drawn early interest from potential bidders, but some are mulling offers less than the targeted valuation of over $8 billion, the Financial Times reported Sunday. BP shares were up 1.1%.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}