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Sector Update: Energy

Sector Update: Energy

MT newswireMT newswire2026/09/28 13:11
09:11 AM EDT, 09/28/2026 (MT Newswires) -- Energy stocks were rising premarket Monday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 1.2%. The United States Oil Fund (USO) was up 2.5% and the United States Natural Gas Fund (UNG) was 2.8% lower. Front-month US West Texas Intermediate crude oil was 2% higher at $94.22 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.7% to $106.13 per barrel, and natural gas futures were down 4% at $3.07 per 1 million British Thermal Units. TotalEnergies (TTE) stock was 0.9% higher after the company said it projects 4% in energy production growth per year until 2030.
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