Sector Update: Energy

09:04 AM EDT, 10/23/2026 (MT Newswires) -- Energy stocks were rising premarket Friday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 0.7%. The United States Oil Fund (USO) was up 1.8% and the United States Natural Gas Fund (UNG) was 1.3% lower. Front-month US West Texas Intermediate crude oil was 1.8% higher at $101.23 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.5% to $114.84 per barrel, and natural gas futures were down 2.7% at $2.72 per 1 million British Thermal Units. Eni (E) shares were up more than 2% after the company posted higher Q3 earnings and sales, and increased its 2026 underlying oil and gas production growth outlook.