Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Sector Update: Energy

Sector Update: Energy

MT newswireMT newswire2026/09/09 13:07
09:07 AM EDT, 09/09/2026 (MT Newswires) -- Energy stocks were advancing premarket Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) 1% higher. The United States Oil Fund (USO) was up 1.8% and the United States Natural Gas Fund (UNG) was 1.9% lower. Front-month US West Texas Intermediate crude oil was 3% higher at $95.81 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 2.9% to $100.73 per barrel, and natural gas futures were down 2.3% at $2.85 per 1 million British Thermal Units. BP (BP) has attracted interest from several potential buyers for its North Sea operations, Bloomberg News reported, citing people familiar with the matter. BP shares were up more than 1% pre-bell.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Supply disruptions ease, oil market bears “swiftly gather”: Brent put option bets surge to unprecedented levels

Oil traders are flocking to buy options, betting on a decline in Brent crude. As investors reposition after a sharp rise in oil prices over the past few trading sessions, bearish bets have surged to unprecedented levels.

智通财经2026/09/22 23:06
Supply disruptions ease, oil market bears “swiftly gather”: Brent put option bets surge to unprecedented levels

New York Federal Reserve official: U.S. Treasury purchases have no preset path, will closely monitor financing market pressures in October

Lorie K. Logan, head of the New York Fed's Markets Group, stated that the Federal Reserve will continue to assess the reserve levels within the banking system. The purchase of U.S. Treasuries for reserve management does not follow a predetermined path and may be adjusted in the future based on market conditions.

智通财经2026/09/22 22:26