09:21 AM EDT, 07/15/2024 (MT Newswires) -- Energy stocks were advancing premarket Monday with the Energy Select Sector SPDR Fund ( XLE ) up 0.6% recently.

The United States Oil Fund ( USO ) was flat and the United States Natural Gas Fund ( UNG ) was down 4.1%.

Front-month US West Texas Intermediate crude oil was down 0.01% at $82.22 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 0.01% to $85.02 per barrel. Natural gas futures were down 4.8% at $2.218 per 1 million British Thermal Units.

MPLX ( MPLX ) , Enbridge ( ENB ) , WhiteWater, and Cheniere Energy's (LNG) ADCC Pipeline joint venture started commercial service on July 1 and has the capacity to provide roughly 1.7 billion cubic feet per day of natural gas to Cheniere's Corpus Christi Liquefaction site in Texas, WhiteWater said. MPLX ( MPLX ) was up 0.7% and Cheniere Energy was almost 1% higher pre-bell.

ConocoPhillips ( COP ) and Marathon Oil ( MRO ) said they each received a second request from the US Federal Trade Commission for more information regarding their proposed merger. ConocoPhillips ( COP ) was 0.6% higher and Marathon Oil ( MRO ) was up nearly 1% premarket.