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Sector Update: Energy
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Sector Update: Energy
Aug 10, 2026 6:31 AM

09:08 AM EDT, 08/10/2026 (MT Newswires) -- Energy stocks were advancing premarket Monday, with the State Street Energy Select Sector SPDR ETF (XLE) up 1%.

The United States Oil Fund (USO) was up 3% and the United States Natural Gas Fund (UNG) was 3.6% higher.

Front-month US West Texas Intermediate crude oil was 2% higher at $79.75 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.9% to $85.17 per barrel, and natural gas futures were up 3.5% at $2.75 per 1 million British Thermal Units.

National Energy Services Reunited ( NESR ) stock was up more than 7% after the company posted higher Q2 adjusted earnings and revenue.

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