Sector Update: Energy

09:05 AM EDT, 10/22/2026 (MT Newswires) -- Energy stocks were advancing premarket Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) 1% higher. The United States Oil Fund (USO) was up 2% and the United States Natural Gas Fund (UNG) was 0.2% lower. Front-month US West Texas Intermediate crude oil was 2.3% higher at $99.40 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 2.8% to $111.81 per barrel, and natural gas futures were down 0.2% at $2.78 per 1 million British Thermal Units. Kinder Morgan (KMI) shares were up more than 1% after the company posted higher Q3 adjusted earnings and revenue.