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Sector Update: Energy

Sector Update: Energy

MT newswireMT newswire2026/10/20 19:33
03:33 PM EDT, 10/20/2026 (MT Newswires) -- Energy stocks were mixed late Tuesday afternoon, with the NYSE Energy Sector Index up 0.1% and the State Street Energy Select Sector SPDR ETF (XLE) fractionally lower. The Philadelphia Oil Service Sector Index was increasing 0.9%, and the Dow Jones US Utilities Index added 1.3%. Front-month West Texas Intermediate crude oil fell 1.8% to $101.79 a barrel, and the global benchmark Brent crude contract shed 0.4% to $109.15 a barrel. Henry Hub natural gas futures declined 1.4% to $3.01 per 1 million BTU. In corporate news, American Electric Power (AEP) shares rose 2.2% after BTIG upgraded the company's rating to buy.
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