Energy stocks in focus: XLE heads into Tuesday as OPEC+ and Venezuela moves cloud oil supply
Energy Select Sector SPDR Fund (XLE) rose 0.7% Friday to $54.35, up 21.6% in 2026. OPEC+ is considering raising oil output from April, with a March 1 meeting set. U.S. oil rigs fell by three to 409, while Brent crude settled at $67.75 a barrel. U.S. markets close Monday for Washington’s Birthday, delaying oil inventory data.