financetom
Market
financetom
/
Market
/
Sector Update: Energy
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Energy
Mar 25, 2025 6:11 AM

08:55 AM EDT, 03/25/2025 (MT Newswires) -- Energy stocks rose premarket Tuesday as the Energy Select Sector SPDR Fund (XLE) advanced by 0.3% recently.

The United States Oil Fund (USO) was up 0.4% and the United States Natural Gas Fund (UNG) was 0.2% higher.

Front-month US West Texas Intermediate crude oil was up 0.7% at $69.57 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.7% to $73.48 per barrel, and natural gas futures were 0.6% higher at $3.94 per 1 million British Thermal Units.

Shell (SHEL) shares advanced nearly 2% after the company said it will raise shareholder distributions to 40%-50% of cash flow from operations, from 30%-40% previously, while keeping its 4% annual dividend rate.

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 >
Japan's Nikkei closes higher after choppy session amid trade war fears
Japan's Nikkei closes higher after choppy session amid trade war fears
Mar 4, 2025
(Updates for market close) By Brigid Riley TOKYO, March 5 (Reuters) - Japan's Nikkei share average nudged higher after volatile trade on Wednesday, even as concerns over a potential trade war following U.S. tariffs and its impact on the global economy stifled risk appetite. The Nikkei closed 0.2% higher at 37,418.24, while the broader Topix was up 0.3% at 2,718.21....
Russian rouble firms towards 89 against dollar
Russian rouble firms towards 89 against dollar
Mar 5, 2025
March 5 (Reuters) - The Russian rouble firmed towards the 89 mark against the U.S. dollar on Wednesday, paring some losses after five consecutive sessions of depreciation, as markets responded to the geopolitical impetus of potential sanctions relief. The rouble is up against the dollar this year, mostly thanks to expectations of improved relations between Moscow and Washington that could...
Japan's Nikkei edges higher in choppy trade as trade war concerns weigh
Japan's Nikkei edges higher in choppy trade as trade war concerns weigh
Mar 4, 2025
TOKYO, March 5 (Reuters) - Japan's Nikkei share average nudged higher in volatile trading on Wednesday, supported by a rebound in technology giants, even as concerns over a potential trade war following U.S. tariffs and its impact on the global economy stifled risk appetite. The Nikkei edged 0.1% higher to 37,356.44 by the midday break, while the broader Topix was...
Mexico's peso ends higher, stocks rebound
Mexico's peso ends higher, stocks rebound
Mar 4, 2025
NEW YORK/LONDON, March 4 (Reuters) - Mexico's peso rose against the dollar in a volatile session on Tuesday, as traders priced the effect of newly imposed U.S. tariffs of 25% on imports from Mexico. The peso strengthened late in the session after U.S. Commerce Secretary Howard Lutnick told Fox Business that President Donald Trump will reach a middle ground with...
Copyright 2023-2025 - www.financetom.com All Rights Reserved