09:19 AM EDT, 06/23/2025 (MT Newswires) -- Energy stocks were advancing premarket Monday, with The Energy Select Sector SPDR Fund ( XLE ) up 0.4%.

The United States Oil Fund ( USO ) was up 0.4% and the United States Natural Gas Fund ( UNG ) was 2.6% lower.

Front-month US West Texas Intermediate crude oil was down 0.2% at $73.68 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.2% to reach $76.86 per barrel, and natural gas futures were 0.6% lower at $3.83 per 1 million British Thermal Units.

Tidewater (TDW) shares were up more than 1% after the company said it has launched a private offering of $650 million of unsecured senior notes due 2030.

Crescent Energy ( CRGY ) stock was more than 1% higher after the company said it intends to sell $500 million worth of senior notes due 2034.

Golar LNG (GLNG) shares were up 1% after the company said the floating liquefied natural gas vessel, FLNG Gimi, has reached the commercial operations date for its 20-year lease and operate agreement on the Greater Tortue Ahmeyim project offshore Mauritania and Senegal.