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Sector Update: Energy
Mar 20, 2026 6:30 AM

09:05 AM EDT, 03/20/2026 (MT Newswires) -- Energy stocks were advancing pre-bell Friday, with the State Street Energy Select Sector SPDR ETF (XLE) up 0.5%.

The United States Oil Fund (USO) was 0.9% higher and the United States Natural Gas Fund (UNG) was down 1.3%.

Front-month US West Texas Intermediate crude oil was down 0.7% at $94.83 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined by 1.2% to $107.35 per barrel, and natural gas futures were 2.6% lower at $3.08 per 1 million British Thermal Units.

OMS Energy Technologies ( OMSE ) stock was up more than 4% after the company said its OMS Oilfield Services Arabia subsidiary has received a $11 million order from Saudi Aramco under an existing long-term supply agreement.

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