Energy stocks were higher this afternoon, with the NYSE Energy Sector Index up 1.7% while the SPDR Energy Select Sector ETF (XLE) was up 1.8%. The Philadelphia Oil-Service Sector Index was up 5% and the Dow Jones US Utilities Index was up 0.3%.
West Texas Intermediate crude rose $2.73 to $88.05 a barrel after the Energy Information Administration said commercial inventories fell 2.6 million barrels compared to the market in the seven days ended Oct. 21 had risen …
