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Sector Update: Energy
Apr 29, 2026 6:23 AM

09:02 AM EDT, 04/29/2026 (MT Newswires) -- Energy stocks were rising pre-bell Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 1.3%.

The United States Oil Fund (USO) was up 3.5% and the United States Natural Gas Fund (UNG) was 2.5% lower.

Front-month US West Texas Intermediate crude oil was 4% higher at $103.88 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 3.8% to $115.44 per barrel, and natural gas futures were down 1.9% at $2.64 per 1 million British Thermal Units.

TotalEnergies (TTE) shares were up more than 1% after the company posted higher Q1 adjusted earnings and revenue.

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