09:07 AM EDT, 10/16/2025 (MT Newswires) -- Energy stocks were rising premarket Thursday, with the Energy Select Sector SPDR Fund (XLE) advancing by 0.1%.

The United States Oil Fund (USO) was flat, and the United States Natural Gas Fund (UNG) was 0.1% higher.

Front-month US West Texas Intermediate crude oil was 0.3% higher at $58.45 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.4% to $62.12 per barrel, and natural gas futures were up 0.3% at $3.03 per 1 million British Thermal Units.

Diversified Energy ( DEC ) stock was up more than 2% after the company and West Virginia Governor Patrick Morrisey said they have entered into a partnership to establish a financial assurance fund for retiring oil and gas wells.