Sector Update: Energy

09:04 AM EDT, 10/27/2026 (MT Newswires) -- Energy stocks were declining premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) down 0.5%. The United States Oil Fund (USO) was down 0.8% and the United States Natural Gas Fund (UNG) was 1.3% lower. Front-month US West Texas Intermediate crude oil was 0.5% lower at $101.22 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 0.5% to $115.24 per barrel, and natural gas futures were up 2.2% at $2.66 per 1 million British Thermal Units. TotalEnergies (TTE) completed the sale of its 10% non-operated interest in the Renaissance joint venture licenses in Nigeria to Vaaris for $800 million, the company said. TotalEnergies shares were 1% lower pre-bell.