09:24 AM EDT, 04/27/2026 (MT Newswires) -- Energy stocks were advancing premarket Monday, with the State Street Energy Select Sector SPDR ETF ( XLE ) 0.6% higher.

The United States Oil Fund ( USO ) was up 1.4% and The United States Natural Gas Fund ( UNG ) was 4.1% higher.

Front-month US West Texas Intermediate crude oil was 1.9% higher at $96.16 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 2% to $107.41 per barrel, and natural gas futures were up 1% at $2.67 per 1 million British Thermal Units.

The UK's Seagreen wind farm, which is 25.5%-owned by TotalEnergies (TTE), has delayed a fixed-price government contract, preferring to sell electricity at higher market rates, Bloomberg News reported, citing data it compiled. TotalEnergies shares were 0.8% higher pre-bell.

ARC Resources said it has entered into a definitive agreement to be acquired by Shell (SHEL) in a cash-and-share deal valued at about 22 billion Canadian dollars ($16.17 billion). Shell stock was up 0.4% premarket.