09:11 AM EDT, 10/06/2025 (MT Newswires) -- Energy stocks were rising pre-bell Monday, with the Energy Select Sector SPDR Fund (XLE) advancing by 0.6%.
The United States Oil Fund (USO) was nearly 1% higher and the United States Natural Gas Fund (UNG) was up 2.5%.
Front-month US West Texas Intermediate crude oil was 0.8% higher at $61.38 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.9% to $65.13 per barrel. Natural gas futures were up 2.8% at $3.416 per 1 million British Thermal Units.
Sable Offshore ( SOC ) shares were up nearly 1.5% after the company said it is set to update its lawsuit against the California Coastal Commission to formally seek more than $347 million in damages for the delay in restarting its Las Flores oil pipeline.