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Sector Update: Energy
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Sector Update: Energy
Sep 12, 2025 6:18 AM

09:06 AM EDT, 09/12/2025 (MT Newswires) -- Energy stocks were advancing premarket Friday, with the Energy Select Sector SPDR Fund (XLE) up 0.3%.

The United States Oil Fund (USO) was 2.1% higher and the United States Natural Gas Fund (UNG) was up 0.8%.

Front-month US West Texas Intermediate crude oil was 1.9% higher at $63.53 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 2.1% to $67.76 per barrel, and natural gas futures were up slightly at $2.94 per 1 million British Thermal Units.

Baker Hughes ( BKR ) said it secured an order from Bechtel Energy to supply liquefaction equipment for Train 4 of NextDecade's ( NEXT ) Rio Grande LNG facility in Texas. Baker Hughes ( BKR ) shares were up 0.1% pre-bell.

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