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Sector Update: Energy

Sector Update: Energy

MT newswireMT newswire2026/10/20 13:09
09:09 AM EDT, 10/20/2026 (MT Newswires) -- Energy stocks were edging higher premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.9%. The United States Oil Fund (USO) was up 1.1% and the United States Natural Gas Fund (UNG) was 1.1% lower. Front-month US West Texas Intermediate crude oil was 1.4% higher at $105.06 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 0.7% to $110.32 per barrel, and natural gas futures were down 2.3% at $2.99 per 1 million British Thermal Units. Halliburton (HAL) shares were up more than 3% after the company reported higher Q3 adjusted net income and revenue.
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