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Sector Update: Energy Stocks Rise Pre-Bell Friday

Sector Update: Energy Stocks Rise Pre-Bell Friday

MT newswireMT newswire2026/10/30 13:28
09:28 AM EDT, 10/30/2026 (MT Newswires) -- Energy stocks were rising pre-bell Friday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 1.4%. The United States Oil Fund (USO) was up 1% and the United States Natural Gas Fund (UNG) was 3.1% lower. Front-month US West Texas Intermediate crude oil was 1.9% higher at $103.93 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 2% to $117.15 per barrel, and natural gas futures were down 3% at $2.86 per 1 million British Thermal Units. Exxon Mobil (XOM) shares were up more than 1% after the company posted Q3 adjusted earnings that topped analysts' expectations, while revenue increased during the period. Chevron (CVX) stock was up more than 1% after the company reported higher Q3 adjusted earnings and revenue. Hess Midstream (HESM) shares were up more than 3% after the company posted higher Q3 earnings.
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