09:07 AM EDT, 04/08/2024 (MT Newswires) -- Energy stocks were edging higher pre-bell Monday, with the Energy Select Sector SPDR Fund (XLE) up 0.1%.

The United States Oil Fund (USO) was 0.3% lower and the United States Natural Gas Fund (UNG) was 2% higher.

Front-month US West Texas Intermediate crude oil was down 0.9% at $86.13 per barrel at the New York Mercantile Exchange. Global benchmark North Sea crude oil lost 1% to reach $90.29 per barrel, and natural gas futures were up 0.2% at $1.79 per 1 million British Thermal Units.

NGL Energy Partners ( NGL ) was down more than 2%, reversing the increase from Friday that followed the announcement it completed the sale of its North and South Ranches in New Mexico for about $70 million.