-- Energy stocks were edging higher pre-bell Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) advancing by 1.2%.
The United States Oil Fund (USO) was up 3.4% and the United States Natural Gas Fund (UNG) was 2.4% lower.
Front-month US West Texas Intermediate crude oil was 3.7% higher at $103.58 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 3.6% to $115.29 per barrel, and natural gas futures were down 2.5% at $2.62 per 1 million British Thermal Units.
TotalEnergies (TTE) shares were up 1% after the company posted higher Q1 adjusted earnings and revenue.
Phillips 66 (PSX) stock was up more than 1% after the company reported that it swung to Q1 adjusted earnings.
Delek US (DK) shares were up more than 4% after the company posted a swing to Q1 adjusted earnings as net revenue increased during the period.