09:33 AM EST, 11/14/2025 (MT Newswires) -- (Corrects fourth paragraph to note Enbridge ( ENB ) reached a final investment decision instead of Ecopetrol ( EC ).)

Energy stocks were edging higher in recent trading Friday, with the Energy Select Sector SPDR Fund (XLE) advancing by 0.3%.

The United States Oil Fund (USO) was up 2.1% and the United States Natural Gas Fund (UNG) was 2.4% lower.

Front-month US West Texas Intermediate crude oil was up 1.9% at $59.81 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 1.6% to $64.00 per barrel, and natural gas futures were 3.9% lower at $4.46 per 1 million British Thermal Units.

Enbridge ( ENB ) shares were 0.8% lower after the company said it reached a final investment decision on the Mainline Optimization Phase 1 project, with an estimated $1.4 billion capital cost, to increase its Canadian heavy oil deliveries to key refining markets in the US Midwest and Gulf Coast.