09:10 AM EDT, 05/27/2025 (MT Newswires) -- Energy stocks were advancing premarket Tuesday, with The Energy Select Sector SPDR Fund (XLE) up 0.7%.

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

Front-month US West Texas Intermediate crude oil was down marginally at $61.51 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil advanced to $64.75 per barrel, and natural gas futures were 0.1% lower at $3.33 per 1 million British Thermal Units.

Sable Offshore ( SOC ) shares were up more than 2% after the company said it has closed a $295 million upsized underwritten public offering of shares.