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Energy sector gains as oil rises, Wall Street advances

ReutersNov 20, 2025 4:44 PM

S&P 500 energy index .SPNY rises 1.4% as oil prices edged higher, while Wall Street advanced after upbeat jobs data and strong Nvidia earnings

Brent crude futures up 1.35% at $64.38/barrel, while U.S. West Texas Intermediate crude CLc1 rise 1.5% to $60.31/barrel

Oil prices edge higher boosted by a bigger than expected draw in U.S. crude stockpiles and a broader equities rally O/R .N

Oil majors Exxon XOM.N rise ~1%

Devon Energy DVN.N, Diamondback Energy FANG.O and Baker Hughes BKR.O rise between 3.7% and 2.7%, among the biggest pct gainers on the energy index

Refiner Phillips 66 PSX.N up 1.5%

Oilfield services firm SLB.N rise ~1%

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