Sector Update: Energy Stocks Decline Premarket Tuesday

09:24 AM EDT, 10/27/2026 (MT Newswires) -- Energy stocks were declining premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) down 0.6%. The United States Oil Fund (USO) was down 0.7% and the United States Natural Gas Fund (UNG) was 1.2% lower. Front-month US West Texas Intermediate crude oil was 0.6% lower at $101.16 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 0.6% to $115.12 per barrel, and natural gas futures were up 1.6% at $2.64 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. Noble (NE) stock was down more than 5% after the company reported that it swung to a Q3 adjusted loss amid a decline in revenue.