09:21 AM EDT, 06/20/2025 (MT Newswires) -- Energy stocks were edging higher pre-bell Friday as the Energy Select Sector SPDR Fund ( XLE ) was advancing by 0.4% recently.

The United States Oil Fund ( USO ) was up 0.4% and the United States Natural Gas Fund ( UNG ) was 1.2% higher.

Front-month US West Texas Intermediate crude oil was up 0.4% at $75.45 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 2.9% to $76.59 per barrel, and natural gas futures were 0.8% higher at $4.02 per 1 million British Thermal Units.

EON Resources ( EONR ) shares were 3.5% higher after the company said its EON Energy subsidiary signed a June 1 purchase and sale agreement to acquire all of WPP NM and Northwest Central's interests in the South Justis Field in the Permian Basin of Lea County, New Mexico, for a total payment of 1 million shares.

UGI (UGI) shares were 0.3% higher after the company said its AmeriGas Propane subsidiary entered into a definitive agreement to sell certain assets in Hawaii to Isle Gas, a subsidiary of AMF Hawaii Investment.