09:07 AM EDT, 05/06/2025 (MT Newswires) -- Energy stocks advanced premarket Tuesday as the Energy Select Sector SPDR Fund (XLE) was 0.5% higher recently.

The United States Oil Fund (USO) was up 2.9% and the United States Natural Gas Fund (UNG) was 0.7% lower.

Front-month US West Texas Intermediate crude oil was up 2.6% at $58.59 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 2.4% to $61.70 per barrel, and natural gas futures were 1.3% lower at $3.51 per 1 million British Thermal Units.

Talos Energy ( TALO ) shares rose past 9% after the company reported a swing to Q1 adjusted earnings as revenue increased during the period.