Sector Update: Energy

09:07 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 0.8%. The United States Oil Fund (USO) was down 1% and the United States Natural Gas Fund (UNG) was 3% lower. Front-month US West Texas Intermediate crude oil was 1.4% lower at $101.36 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 0.9% to $114.24 per barrel, and natural gas futures were down 3.4% at $2.93 per 1 million British Thermal Units. Shell (SHEL) stock was up 4% after the company reported higher fiscal Q3 adjusted net income and revenue.