Sector Update: Energy Stocks Retreat Thursday Afternoon

fidelity
2025.11.20 19:01
portai
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Energy stocks declined Thursday afternoon, with the NYSE Energy Sector Index down 0.6% and the Energy Select Sector SPDR Fund (XLE) down 0.8%. The Philadelphia Oil Service Sector Index fell 2.7%, and the Dow Jones US Utilities Index eased 0.2%. Crude oil and natural gas prices also decreased. Exxon Mobil ended a force majeure in Mozambique, TotalEnergies rejected a war crimes complaint, BHP faced a product ban in China, and BP closed the Olympic Pipeline due to a leak.

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