Sector Update: Energy

09:08 AM EDT, 10/12/2026 (MT Newswires) -- Energy stocks were mostly higher premarket Monday, with the State Street Energy Select Sector SPDR ETF (XLE) gaining 1%. The United States Oil Fund (USO) was up 2.3%, while the United States Natural Gas Fund (UNG) was 1.7% lower. Front-month US West Texas Intermediate crude oil was up 2.1% to reach $93.83 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 2% to $106.76 per barrel, and natural gas futures were 3.6% lower at $3.10 per 1 million British Thermal Units. DHT (DHT) shares were up more than 4% after the company said it expects time charter equivalent earnings of $141,300 per day for its fleet in Q3.