Sector Update: Energy Stocks Edge Higher Premarket Tuesday

09:25 AM EDT, 10/20/2026 (MT Newswires) -- Energy stocks were edging higher premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 1%. The United States Oil Fund (USO) was up 1.3% and the United States Natural Gas Fund (UNG) was 1.4% lower. Front-month US West Texas Intermediate crude oil was 1.7% higher at $105.40 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 0.7% to $110.32 per barrel, and natural gas futures were down 2% at $3.01 per 1 million British Thermal Units. Halliburton (HAL) shares were up 2.6% after the company reported higher Q3 adjusted net income and revenue. Eni (E) has launched the start-up activities of the Meleiha phase 2 project in Egypt's Western Desert through its Agiba Petroleum with the state-owned Egyptian General Petroleum Corporation, the company said. Eni stock was up 1.6% premarket. BW LPG (BWLP) shares were down 1% after the company said its subsidiary, BW LPG India, agreed to sell the 2008-built vessel BW Loyalty for continued trading.