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Sector Update: Energy Stocks Advance Premarket Friday
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Sector Update: Energy Stocks Advance Premarket Friday
Sep 12, 2025 6:38 AM

09:19 AM EDT, 09/12/2025 (MT Newswires) -- Energy stocks were advancing premarket Friday, with the Energy Select Sector SPDR Fund ( XLE ) up 0.3%.

The United States Oil Fund ( USO ) was 1.9% higher and the United States Natural Gas Fund ( UNG ) was up 1.8%.

Front-month US West Texas Intermediate crude oil was 1.7% higher at $63.43 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 1.8% to $67.57 per barrel, and natural gas futures were up 0.3% at $2.94 per 1 million British Thermal Units.

Baker Hughes ( BKR ) said it secured an order from Bechtel Energy to supply liquefaction equipment for Train 4 of NextDecade's ( NEXT ) Rio Grande LNG facility in Texas. Baker Hughes ( BKR ) shares were down 0.3% pre-bell.

Eni (E) shares were marginally higher after the company said its chief executive officer, Claudio Descalzi, met with US energy and interior secretaries to review the company's activities with American partners and discuss global energy scenarios.

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