Financial Wire

Sector Update: Energy

-- Energy stocks were lower late Wednesday afternoon, with the NYSE Energy Sector Index down 0.5% and the State Street Energy Select Sector SPDR ETF (XLE) decreasing 0.3%.

The Philadelphia Oil Service Sector Index was adding 0.4%, and the Dow Jones US Utilities Index was shedding 0.9%.

Front-month West Texas Intermediate crude oil shed 0.3% to $90.98 a barrel, and the global benchmark Brent crude contract was steady at $94.79 a barrel. Henry Hub natural gas futures increased 0.5% to $2.61 per 1 million BTU.

In corporate news, ReNew Energy Global (RNW) shares rose 2.2% after the firm said Wednesday it has commissioned roughly 2.4 gigawatts of assets in fiscal 2026, bringing its total operating capacity to about 12.6 GW.

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