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Sector Update: Energy
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Sector Update: Energy
Mar 10, 2026 9:55 PM

09:05 AM EST, 12/09/2025 (MT Newswires) -- Energy stocks were advancing premarket Tuesday, with the State Street Energy Select Sector SPDR Fund (XLE) 0.3% higher.

The United States Oil Fund (USO) was down 0.2% and the United States Natural Gas Fund (UNG) was 2.9% lower.

Front-month US West Texas Intermediate crude oil was down 0.2% at $58.79 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.1% to $62.39 per barrel, and natural gas futures were 3.3% lower at $4.75 per 1 million British Thermal Units.

Exxon Mobil ( XOM ) shares were 0.6% higher after the company raised its earnings growth outlook to $25 billion through 2030, up $5 billion from its previous forecast, citing "stronger contributions from advantaged assets, a more profitable business mix, and lower operating costs."

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