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Sector Update: Energy Stocks Rise Pre-Bell Thursday

Sector Update: Energy Stocks Rise Pre-Bell Thursday

MT newswireMT newswire2026/10/29 13:24
09:24 AM EDT, 10/29/2026 (MT Newswires) -- Energy stocks were rising pre-bell Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) up 0.7%. The United States Oil Fund (USO) was down 1% and the United States Natural Gas Fund (UNG) was 2.5% lower. Front-month US West Texas Intermediate crude oil was 1.8% lower at $100.89 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 1.2% to $113.89 per barrel, and natural gas futures were down 3.3% at $2.93 per 1 million British Thermal Units. Shell (SHEL) stock was up more than 3% after the company reported higher fiscal Q3 adjusted net income and revenue. TotalEnergies (TTE) shares were up over 1% after the company posted higher Q3 adjusted earnings and revenue. Cheniere Energy (LNG) shares were up 4% after the company reported higher Q3 earnings and revenue.
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