09:23 AM EST, 11/24/2025 (MT Newswires) -- Energy stocks were edging higher premarket Monday, with the Energy Select Sector SPDR Fund ( XLE ) up 0.1%.

The United States Oil Fund ( USO ) was up 0.3% and the United States Natural Gas Fund ( UNG ) was 2% lower.

Front-month US West Texas Intermediate crude oil was up 0.2% at $58.16 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.1% to $62.00 per barrel. Natural gas futures were 2.2% lower at $4.637 per 1 million British Thermal Units.

BP (BP) continued to search for the source of a leak on its Olympic Pipeline near Everett, Washington, on Sunday, nearly two weeks after the breach was detected, news outlets reported. BP shares were nearly 1% lower pre-bell.

MPLX ( MPLX ) , ONEOK ( OKE ) , Enbridge ( ENB ) , and gas transmission asset operator WhiteWater, through their Matterhorn joint venture, will expand the Eiger Express Pipeline, WhiteWater said. Enbridge ( ENB ) stock was 0.3% higher premarket.