09:06 AM EDT, 03/17/2026 (MT Newswires) -- Energy stocks were moving higher premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.9%.

The United States Oil Fund (USO) was 2.6% higher and the United States Natural Gas Fund (UNG) was up 1.1%.

Front-month US West Texas Intermediate crude oil was up 2.2% at $95.58 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 2.3% to $102.49 per barrel, and natural gas futures were 1.9% higher at $3.08 per 1 million British Thermal Units.

Eni (E) shares were up more than 3% after the company said it signed a new five-year revolving credit facility worth 9 billion euros ($10.36 billion) that can be extended by up to two years. Eni also said first gas delivery has been made from New Gas Consortium's Quiluma field offshore Angola.