Sector Update: Energy Stocks Mostly Higher Pre-Bell Wednesday

09:22 AM EDT, 10/28/2026 (MT Newswires) -- Energy stocks were mostly higher premarket Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) gaining 0.6%. The United States Oil Fund (USO) was up 1.3%, while the United States Natural Gas Fund (UNG) was 0.2% lower. Front-month US West Texas Intermediate crude oil was up 2.1% at $102 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil advanced 1.2% to $115.27 per barrel, and natural gas futures were 3.3% higher at $2.79 per 1 million British Thermal Units. Phillips 66 (PSX) shares were up 1% after the company reported higher Q3 adjusted earnings and revenue. Equinor (EQNR) stock was up more than 1% before the market open after the company reported higher Q3 adjusted earnings and revenue. NiSource (NI) shares were up 1% after the company posted higher Q3 adjusted earnings.