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Sector Update: Energy

Sector Update: Energy

MT newswireMT newswire2026/09/23 13:05
09:05 AM EDT, 09/23/2026 (MT Newswires) -- Energy stocks were edging higher pre-bell Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.7%. The United States Oil Fund (USO) was up 1.9% and the United States Natural Gas Fund (UNG) was 0.6% higher. Front-month US West Texas Intermediate crude oil was 0.5% higher at $90.93 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.2% to $100.43 per barrel, and natural gas futures were up 2.3% at $3.03 per 1 million British Thermal Units. TotalEnergies (TTE) said it will develop the Ima gas field offshore Nigeria in partnership with AMNI. Shares of TotalEnergies were marginally lower premarket.
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