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via seekingalpha.comMarkets

Energy stocks hit record as crude rallies on Iran tensions

FROM THE WIRE · SEEKINGALPHA.COM

[Rise in gasoline prices concept with double exposure of digital screen with financial chart graphs and oil pumps on a field.] peshkov/iStock via Getty Images The energy sector (XLE [https://seekingalpha.com/symbol/XLE]) hit a record high on Friday as crude oil prices climbed…

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishSharp crude rally on Middle East tensions directly moves the energy sector.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The energy sector (XLE) hit a record high Friday, up 2.23%.
  2. 02Brent rose 2.55% to $116.05 a barrel.
  3. 03U.S. crude gained 2.87% to $102.33.
  4. 04Concerns focus on energy infrastructure and shipping routes.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
State Street Energy Select Sector SPDR ETFXLEETF69.57 USD0.00%today +2.96%Positive State Street SPDR S&P Oil & Gas Exploration & Production ETFXOPETF202.99 USD+0.02%today +3.11%Positive VanEck Oil Services ETFOIHETF398.36 USD+0.31%today +5.66%Positive Vanguard Energy ETFVDEETF193.59 USD-0.01%today +3.00%Positive Brent Crude Oil (continuous future)COMMODITY:BRENTCommodity116.04 USD-1.00%today +2.54%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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