08:49 AM EDT, 04/01/2024 (MT Newswires) -- Energy stocks were rising premarket Monday with the Energy Select Sector SPDR Fund (XLE) recently advancing 0.3%.

The United States Oil Fund (USO) was 0.2% lower and the United States Natural Gas Fund (UNG) was up 2.3%.

Front-month US West Texas Intermediate crude oil was down 0.4% at $82.84 per barrel at the New York Mercantile Exchange. Global benchmark North Sea crude oil lost 0.45% to $86.61 per barrel, and natural gas futures were 0.6% higher at $1.77 per 1 million British Thermal Units.

Vital Energy ( VTLE ) was up 0.1% after the company reported on Thursday the early results of its tender offer to buy up to $475 million of its 10.125% notes due 2028 and up to $75 million of its 9.75% notes due 2030.