Sector Update: Energy

Last Updated: Friday, September 24, 2021 3:03 PM | MT Newswires

Energy stocks remained firm near the close, with the NYSE Energy Sector Index rising 0.3% while the SPDR Energy Select Sector ETF (XLE) was up 0.8%. Front-month West Texas Intermediate crude oil was rising $0.62 to $73.92 per barrel. In company news, Huaneng Power International (HNP) said Friday there are no significant matters that would affect its stock's recent price volatility nor is it aware of any media reports that could contribute to the fluctuation. The stock was up almost 6% in late trade.

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