The Philadelphia Oil Service Sector Index was easing 0.1%, and the Dow Jones US Utilities Index was falling 1.5%.

Front-month West Texas Intermediate crude oil was rising 0.7% to $91.19 a barrel, and the global benchmark Brent crude contract gained 2.9% to $102.10 a barrel. Henry Hub natural gas futures rose 1.6% to $3.01 per 1 million BTU.

In corporate news, Devon Energy (DVN) was urged earlier this month by activist hedge fund Toms Capital Management to review strategic alternatives, including a sale, CNBC reported. Devon Energy shares rose 3.1%.

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