---
title: "Sector Update: Energy Stocks Advance Pre-Bell Friday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/279953996.md"
description: "Energy stocks showed positive movement pre-bell on Friday, with the State Street Energy Select Sector SPDR ETF rising 0.5%. The United States Oil Fund increased by 1.1%, while the United States Natural Gas Fund fell by 2.3%. Crude oil prices saw a slight decline, with West Texas Intermediate at $95 per barrel. OMS Energy Technologies' stock rose over 4% following an $11 million order from Saudi Aramco, while KNOT Offshore Partners and Battalion Oil saw declines of over 3% and 4%, respectively, due to terminated buyout discussions and asset acquisition news."
datetime: "2026-03-20T13:25:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/279953996.md)
  - [en](https://longbridge.com/en/news/279953996.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/279953996.md)
---

# Sector Update: Energy Stocks Advance Pre-Bell Friday

09:25 AM EDT, 03/20/2026 (MT Newswires) -- Energy stocks were advancing pre-bell Friday, with the State Street Energy Select Sector SPDR ETF ( XLE ) up 0.5%.

The United States Oil Fund ( USO ) was 1.1% higher and The United States Natural Gas Fund ( UNG ) was down 2.3%.

Front-month US West Texas Intermediate crude oil was down 0.6% at $95 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined by 0.8% to $107.77 per barrel, and natural gas futures were 2.2% lower at $3.10 per 1 million British Thermal Units.

OMS Energy Technologies ( OMSE ) stock was up more than 4% after the company said its OMS Oilfield Services Arabia subsidiary has received a $11 million order from Saudi Aramco under an existing long-term supply agreement.

KNOT Offshore Partners ( KNOP ) shares were down more than 3% after the company said that discussions over a potential buyout offer from Knutsen NYK Offshore Tankers have been terminated.

Battalion Oil ( BATL ) stock was down more than 4% after the company said it has closed its acquisition of certain oil and gas assets comprising 7,090 net acres in Ward County, Texas, from RoadRunner Resource in an all-stock deal.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

### Related Stocks

- [XOP.US](https://longbridge.com/en/quote/XOP.US.md)
- [XLE.US](https://longbridge.com/en/quote/XLE.US.md)
- [XES.US](https://longbridge.com/en/quote/XES.US.md)
- [IXC.US](https://longbridge.com/en/quote/IXC.US.md)
- [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [OIH.US](https://longbridge.com/en/quote/OIH.US.md)
- [OMSE.US](https://longbridge.com/en/quote/OMSE.US.md)
- [VDE.US](https://longbridge.com/en/quote/VDE.US.md)
- [IEO.US](https://longbridge.com/en/quote/IEO.US.md)
- [UCO.US](https://longbridge.com/en/quote/UCO.US.md)
- [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md)

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