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Sector Update: Energy Stocks Edge Higher Premarket Tuesday

Sector Update: Energy Stocks Edge Higher Premarket Tuesday

MT newswireMT newswire2026/10/13 13:22
09:22 AM EDT, 10/13/2026 (MT Newswires) -- Energy stocks were edging higher premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.7%. The United States Oil Fund (USO) was down 0.5% and the United States Natural Gas Fund (UNG) was 0.8% higher. Front-month US West Texas Intermediate crude oil was 1.1% lower at $92.72 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 1.4% to $105.21 per barrel, and natural gas futures were up 0.6% at $3.19 per 1 million British Thermal Units. BP (BP) stock was up more than 2% after the company said it expects Q3 net debt to be $13.5 billion to $14.5 billion, down from $22.3 billion at the end of Q2. Equinor (EQNR) signed a five-year agreement to supply Eneco with about 9 terawatt-hours of natural gas annually, with deliveries beginning Oct. 1, the company said. Equinor shares were 0.2% higher premarket. TC Energy (TRP) said it has closed a deal allowing five British Columbia First Nations to acquire an economic interest in the entity holding the company's limited partner stake in the Coastal GasLink pipeline. TC Energy stock was up 0.1% pre-bell.
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