09:00 AM EST, 11/26/2024 (MT Newswires) -- Energy stocks were advancing premarket Tuesday, with The Energy Select Sector SPDR Fund (XLE) 0.3% higher.

The United States Oil Fund (USO) was up 0.5% and the United States Natural Gas Fund (UNG) was 1.8% higher.

Front-month US West Texas Intermediate crude oil was 0.9% higher at $69.56 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.9% to reach $73.64 per barrel, and natural gas futures were down 0.1% at $3.37 per 1 million British Thermal Units.

Peabody Energy ( BTU ) shares were 0.1% higher after the company said in a filing that it entered an agreement for a bridge loan facility with multiple lenders to provide up to $2.08 billion to partly finance the company's acquisition of Anglo American's coal assets in Australia.