Sector Update: Energy

01:19 PM EDT, 09/09/2026 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index rising 0.7% and the State Street Energy Select Sector SPDR ETF (XLE) up 0.6%. The Philadelphia Oil Service Sector Index was easing 0.1%, and the Dow Jones US Utilities Index fell 1.3%. Front-month West Texas Intermediate crude oil rose 3% to $95.81 a barrel, and the global benchmark Brent crude contract gained 2.8% to $100.66 a barrel. Henry Hub natural gas futures fell 2.7% to $2.84 per 1 million BTU. In corporate news, Baker Hughes (BKR) said it now expects full-year revenue of $28.50 billion to $30.30 billion, compared with prior outlook of $26.65 billion to $28.05 billion. Analysts surveyed by FactSet expect $28.03 billion. Shares added 0.5%.