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Sector Update: Energy Stocks Edge Higher Pre-Bell Wednesday
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Sector Update: Energy Stocks Edge Higher Pre-Bell Wednesday
Jun 25, 2025 6:36 AM

09:23 AM EDT, 06/25/2025 (MT Newswires) -- Energy stocks were edging higher pre-bell Wednesday with the Energy Select Sector SPDR Fund ( XLE ) slightly advancing recently.

The United States Oil Fund ( USO ) was up 0.3% and the United States Natural Gas Fund ( UNG ) was 1.3% lower.

Front-month US West Texas Intermediate crude oil was up 1% at $65.02 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 1% to $67.82 per barrel, and natural gas futures were 0.6% lower at $3.52 per 1 million British Thermal Units.

Kolibri Global Energy ( KGEI ) shares were up more than 2% after the company said its Kolibri Energy US unit secured a 30% increase to its revolving credit facility, raising the total to $65 million. Kolibri also said it will be added to the Russell 2000 Index after the market opens on Friday.

Energy Transfer ( ET ) shares were 0.2% higher after the company said its Energy Transfer LNG Export unit has signed an additional 20-year sale and purchase agreement with Chevron ( CVX ) for 1 million tonnes per annum of LNG from the proposed Lake Charles LNG export facility.

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