Sector Update: Energy Stocks Edge Higher Pre-Bell Wednesday

09:26 AM EST, 11/11/2026 (MT Newswires) -- Energy stocks were edging higher pre-bell Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 1%. The United States Oil Fund (USO) was 0.7% higher and the United States Natural Gas Fund (UNG) was up 1.9%. Front-month US West Texas Intermediate crude oil was 1.4% higher at $87.25 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 1.5% to $92.82 per barrel, and natural gas futures were up 2% at $3.36 per 1 million British Thermal Units. Petrobras (PBR) shares were down more than 3% after the company reported lower-than expected Q3 net income. FLEX LNG (FLNG) stock was up over 2% after the company posted higher Q3 adjusted earnings and vessel operating revenue. Murphy Oil (MUR) executed four production sharing contracts covering the Elombo, Etinde Exploration, Ntem and Tilapia blocks offshore Cameroon, the company said. Shares of Murphy Oil were 0.9% higher premarket.