09:05 AM EDT, 04/11/2025 (MT Newswires) -- Energy stocks advanced premarket Friday as the Energy Select Sector SPDR Fund (XLE) rose by 0.9% recently.

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

Front-month US West Texas Intermediate crude oil was up 0.1% at $60.13 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose by 0.1% to $63.40 per barrel, and natural gas futures were 3% lower at $3.45 per 1 million British Thermal Units.

Chevron's ( CVX ) operations in Venezuela are facing disruptions after state oil company PDVSA canceled several authorizations it had granted to the US-based company to load and export Venezuelan crude, Reuters reported, citing three sources with knowledge of the decision. Shares of Chevron ( CVX ) were 0.6% higher pre-bell.