09:28 AM EDT, 08/06/2026 (MT Newswires) -- Energy stocks were advancing pre-bell Thursday, with the State Street Energy Select Sector SPDR ETF ( XLE ) 1.4% higher.

The United States Oil Fund ( USO ) was up 1.7% and The United States Natural Gas Fund ( UNG ) was 0.2% lower.

Front-month US West Texas Intermediate crude oil was 1.6% higher at $76.39 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.9% to $80.94 per barrel, and natural gas futures were down 1.2% at $2.67 per 1 million British Thermal Units.

ConocoPhillips ( COP ) shares were up more than 2% after the company reported higher Q2 adjusted earnings and revenue.

Canadian Natural Resources ( CNQ ) stock was up more than 2% after the company posted higher Q2 adjusted earnings and revenue.

Targa Resources ( TRGP ) shares were up 0.2% after the company reported higher Q2 net income and revenue.