Sector Update: Energy Stocks Advance Tuesday Afternoon
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Energy stocks saw gains on Tuesday, with the NYSE Energy Sector Index up 0.8%. The Caspian Pipeline Consortium suspended oil exports due to adverse weather, affecting operations from Kazakhstan. Duke Energy applied for a site permit for a nuclear facility, while Public Service Enterprise received a five-year extension for its operations agreement. New Era Energy & Digital denied fraud allegations but saw its shares drop 18%. Crude oil prices were slightly lower, with WTI at $58.02 and Brent at $61.96 per barrel.
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