Sector Update: Energy Stocks Edge Higher Pre-Bell Wednesday

MT Newswires Live12-18

Energy stocks edged higher pre-bell Wednesday, with The Energy Select Sector SPDR Fund (XLE) up 0.1%.

The United States Oil Fund (USO) was up 0.5% and the United States Natural Gas Fund (UNG) was 0.4% higher.

Front-month US West Texas Intermediate crude oil was 0.9% higher at $70.73 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.7% to reach $73.72 per barrel, and natural gas futures were up 2.5% at $3.39 per 1 million British Thermal Units.

Oil States International (OIS) shares were up over 3% after the company said it closed the sale of an idled Houston Ship Channel facility, generating $24.8 million in net proceeds.

TechnipFMC (FTI) shares were up more than 1% after the company said it won a "substantial" contract from Shell Nigeria Exploration and Production, a subsidiary of Shell, to provide subsea systems for the Bonga North project in Nigeria.

Shell's (SHEL) BG International unit targets to submit a drilling plan to Suriname's environmental agency for up to four exploration wells at offshore Block 65, Reuters reported, citing a company document submitted for public consultation. Shell shares were 0.4% higher premarket.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2492189278?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-12-18 22:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2492189278","market":"us","top_or_hot":-1,"title":"Sector Update: Energy Stocks Edge Higher Pre-Bell Wednesday","media":"MT Newswires Live","content":"<html><body><p> Energy stocks edged higher pre-bell Wednesday, with The Energy Select Sector SPDR Fund (XLE) up 0.1%.</p><p>The United States Oil Fund (USO) was up 0.5% and the United States Natural Gas Fund (UNG) was 0.4% higher.</p><p>Front-month US West Texas Intermediate crude oil was 0.9% higher at $70.73 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.7% to reach $73.72 per barrel, and natural gas futures were up 2.5% at $3.39 per 1 million British Thermal Units.</p><p>Oil States International (OIS) shares were up over 3% after the company said it closed the sale of an idled Houston Ship Channel facility, generating $24.8 million in net proceeds.</p><p>TechnipFMC (FTI) shares were up more than 1% after the company said it won a \"substantial\" contract from Shell Nigeria Exploration and Production, a subsidiary of Shell, to provide subsea systems for the Bonga North project in Nigeria.</p><p>Shell's (SHEL) BG International unit targets to submit a drilling plan to Suriname's environmental agency for up to four exploration wells at offshore <a href=\"https://laohu8.com/S/SQ\">Block</a> 65, Reuters reported, citing a company document submitted for public consultation. Shell shares were 0.4% higher premarket.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sector Update: Energy Stocks Edge Higher Pre-Bell Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSector Update: Energy Stocks Edge Higher Pre-Bell Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-18 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Energy stocks edged higher pre-bell Wednesday, with The Energy Select Sector SPDR Fund (XLE) up 0.1%.The United States Oil Fund (USO) was up 0.5% and the United States Natural Gas Fund (UNG) was 0.4% ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHEL","symbol_name":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2492189278","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492189278","pubTimestamp":1734531971,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Energy stocks edged higher pre-bell Wednesday, with The Energy Select Sector SPDR Fund (XLE) up 0.1%.The United States Oil Fund (USO) was up 0.5% and the United States Natural Gas Fund (UNG) was 0.4% ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU0053671581.USD":"摩根大通美国小盘成长股 A(dist)","BK4179":"石油天然气设备与服务","OIS":"Oil States International Inc","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","BK4201":"综合性石油与天然气企业","FTI":"德希尼布FMC","USO":"美国原油ETF","BK4570":"地缘局势概念股","BK4585":"ETF&股票定投概念","LU0054578231.USD":"BGF SYSTEMATIC SUSTAINABLE GLOBAL SMALLCAP \"A2\" (USD) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC","UCO":"二倍做多彭博原油ETF","UNG":"美国天然气基金","SCO":"二倍做空彭博原油指数ETF","LU0278409577.USD":"MANULIFE GLOBAL FUND-GLOBAL RESOURCES FUND \"AA\" (USD) INC","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","XLE":"SPDR能源指数ETF","BK4588":"碎股"},"translate_title":"行业更新：周三盘前能源股小幅走高","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"XLE":0.9,"USO":0.9,"UNG":0.9,"FTI":0.9,"SHEL":0.9,"OIS":0.9,"UCO":0.6,"SCO":0.6},"content_text":"Energy stocks edged higher pre-bell Wednesday, with The Energy Select Sector SPDR Fund (XLE) up 0.1%.The United States Oil Fund (USO) was up 0.5% and the United States Natural Gas Fund (UNG) was 0.4% higher.Front-month US West Texas Intermediate crude oil was 0.9% higher at $70.73 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.7% to reach $73.72 per barrel, and natural gas futures were up 2.5% at $3.39 per 1 million British Thermal Units.Oil States International (OIS) shares were up over 3% after the company said it closed the sale of an idled Houston Ship Channel facility, generating $24.8 million in net proceeds.TechnipFMC (FTI) shares were up more than 1% after the company said it won a \"substantial\" contract from Shell Nigeria Exploration and Production, a subsidiary of Shell, to provide subsea systems for the Bonga North project in Nigeria.Shell's (SHEL) BG International unit targets to submit a drilling plan to Suriname's environmental agency for up to four exploration wells at offshore Block 65, Reuters reported, citing a company document submitted for public consultation. Shell shares were 0.4% higher premarket.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492189278"}