09:10 AM EST, 11/05/2025 (MT Newswires) -- Energy stocks were edging higher pre-bell Wednesday, with the Energy Select Sector SPDR Fund (XLE) marginally advancing.

The United States Oil Fund (USO) was down 0.4% and the United States Natural Gas Fund (UNG) was 0.3% lower.

Front-month US West Texas Intermediate crude oil was down 0.5% at $60.28 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.4% to $64.19 per barrel, and natural gas futures were down 1.5% at $4.28 per 1 million British Thermal Units.

Icahn Enterprises ( IEP ) shares were up more than 6% after the company posted higher Q3 earnings.