09:18 AM EDT, 09/12/2024 (MT Newswires) -- Energy stocks were edging higher premarket Thursday with the Energy Select Sector SPDR Fund ( XLE ) recently advancing by 0.6%.

The United States Oil Fund ( USO ) was up 1.8% and the United States Natural Gas Fund ( UNG ) was 1% lower.

Front-month US West Texas Intermediate crude oil was up 1.6% at $68.39 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 1.2% to $71.48 per barrel, and natural gas futures were down 1% at $2.24 per 1 million British Thermal Units.

Viper Energy ( VNOM ) shares fell past 4% after the company priced an underwritten public offering of 10 million of its class A common shares at $42.50 apiece, upsizing it from its initial 8.5 million stock offering.

Delek Logistics Partners ( DKL ) shares were up over 2% after the company said it closed the $230 million acquisition of H2O Midstream, a portfolio company of EIV Capital.