09:21 AM EDT, 10/22/2025 (MT Newswires) -- Energy stocks were rising premarket Wednesday, with the Energy Select Sector SPDR Fund ( XLE ) advancing by 0.7%.

The United States Oil Fund ( USO ) was up nearly 2% and the United States Natural Gas Fund ( UNG ) was 0.2% higher.

Front-month US West Texas Intermediate crude oil was 2.2% higher at $58.49 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 2% to $62.52 per barrel. Natural gas futures were up 1.6% at $3.528 per 1 million British Thermal Units.

Woodside Energy Group ( WDS ) shares were up more than 3% after the company reported Q3 revenue that topped analysts' expectations and raised its 2025 production guidance.

EQT (EQT) stock was up nearly 2% after the company posted higher Q3 adjusted earnings and revenue.