08:55 AM EST, 02/28/2025 (MT Newswires) -- Energy stocks edged higher premarket Friday with the Energy Select Sector SPDR Fund (XLE) up 0.2% recently.

The United States Oil Fund (USO) was down 0.8% and the United States Natural Gas Fund (UNG) was 1.2% lower.

Front-month US West Texas Intermediate crude oil was down 1.1% at $69.57 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1.2% to $73.18 per barrel, and natural gas futures were 0.7% lower at $3.91 per 1 million British Thermal Units.

NextDecade ( NEXT ) said it plans to expand capacity at the Rio Grande liquefied natural gas facility site in Texas beyond trains 1 through 5. NextDecade ( NEXT ) shares were over 1% lower pre-bell.