Sector Update: Energy
MT newswire2026/10/26 19:48Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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03:48 PM EDT, 10/26/2026 (MT Newswires) -- Energy stocks edged higher late Monday afternoon, with the NYSE Energy Sector Index fractionally higher and the State Street Energy Select Sector SPDR ETF (XLE) up 0.3%. The Philadelphia Oil Service Sector Index was up 1%, and the Dow Jones US Utilities Index was fractionally higher. Front-month West Texas Intermediate crude oil fell 0.9% to $102.33 a barrel, and the global benchmark Brent crude contract shed 0.3% to $116.35 a barrel. Henry Hub natural gas futures decreased 0.8% to $2.62 per 1 million BTU. In corporate news, Alliance Resource Partners (ARLP) shares rose 1.4% after it reported Q3 earnings Monday of $1.08 per diluted unit, up from $0.73 a year earlier. Two analysts polled by FactSet expected $0.96.
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