08:56 AM EST, 02/10/2025 (MT Newswires) -- Energy stocks rose premarket Monday as the Energy Select Sector SPDR Fund (XLE) recently advanced by 0.9%.

The United States Oil Fund (USO) was up 1.3% and the United States Natural Gas Fund (UNG) was 2.4% higher.

Elliott Investment Management has amassed a stake in BP (BP), Bloomberg News and Reuters reported, citing unnamed sources familiar with the matter. BP shares were over 6% higher pre-bell.