Sector Update: Energy
MT newswire2026/10/30 13:11Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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09:11 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 1.2% and the United States Natural Gas Fund (UNG) was 2.6% lower. Front-month US West Texas Intermediate crude oil was 1.8% higher at $103.83 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.9% to $117.13 per barrel, and natural gas futures were down 3% at $2.87 per 1 million British Thermal Units. Exxon Mobil (XOM) shares were up 1.8% after the company posted Q3 adjusted earnings that topped analysts' expectations, while revenue increased during the period.
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