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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
Apr 29, 2026 6:43 AM

09:19 AM EDT, 04/29/2026 (MT Newswires) -- Energy stocks were edging higher pre-bell Wednesday, with the State Street Energy Select Sector SPDR ETF ( XLE ) advancing by 1.2%.

The United States Oil Fund ( USO ) was up 3.4% and the United States Natural Gas Fund ( UNG ) was 2.4% lower.

Front-month US West Texas Intermediate crude oil was 3.7% higher at $103.58 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 3.6% to $115.29 per barrel, and natural gas futures were down 2.5% at $2.62 per 1 million British Thermal Units.

TotalEnergies (TTE) shares were up 1% after the company posted higher Q1 adjusted earnings and revenue.

Phillips 66 (PSX) stock was up more than 1% after the company reported that it swung to Q1 adjusted earnings.

Delek US ( DK ) shares were up more than 4% after the company posted a swing to Q1 adjusted earnings as net revenue increased during the period.

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