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Oil settles at $107.63 and energy stocks fall anyway

On fourteen big oil days since May the sector rose every time; Thursday it didn’t

Thomas Look's avatar
Thomas Look
Sep 11, 2026
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Brent crude settled at $107.63 on Thursday, up 5.9%, its second close above $100 in two days and its highest since the spring; West Texas Intermediate rose 6.7% to $102.48. The US oil fund gained 5.6%.

Daily Pulse cover — gold, silver and copper rock strata under a rising line: oil at $107 and the energy stocks that stopped following it

And the energy sector — the eleven per cent of the S&P 500 whose business is selling that barrel — fell 0.6%, exactly as much as the index. On the fourtee…

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