Sector Update: Energy Stocks Advance Premarket Thursday

09:27 AM EDT, 09/10/2026 (MT Newswires) -- Energy stocks were advancing premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) 1.5% higher. The United States Oil Fund (USO) was up 3.3% and the United States Natural Gas Fund (UNG) was 1.5% lower. Front-month US West Texas Intermediate crude oil was 3.9% higher at $99.83 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 3.6% to $104.85 per barrel, and natural gas futures were down 1.6% at $2.78 per 1 million British Thermal Units. TotalEnergies (TTE) and its partners plan to invest $10 billion in Angola over the next five years to increase oil output in the country, news outlets reported, citing remarks made by TotalEnergies Chief Executive Patrick Pouyanne at a conference. Shares of TotalEnergies were slightly higher pre-bell. Energy Transfer (ET) is set to become the first major company to switch its primary listing from the New York Stock Exchange to the Texas Stock Exchange, Bloomberg said, citing people familiar with the matter. Energy Transfer stock was up 0.6% premarket.