---
title: "Sector Update: Energy Stocks Rise Premarket Tuesday"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286112743.md"
description: "Energy stocks rose premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) up 1.1% and the United States Oil Fund (USO) up 3%. Front-month US West Texas Intermediate crude oil increased by 3.2% to $101.25 per barrel, while North Sea Brent crude also rose 3.2% to $107.49. Venture Global (VG) shares surged over 7% after reporting higher Q1 earnings, while Petrobras (PBR) fell over 1% despite increased net income. Shell (SHEL) shares were up 0.2% as the company plans to divest its gas station network in France."
datetime: "2026-05-12T13:29:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286112743.md)
  - [en](https://longbridge.com/en/news/286112743.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286112743.md)
---

# Sector Update: Energy Stocks Rise Premarket Tuesday

09:29 AM EDT, 05/12/2026 (MT Newswires) -- Energy stocks were rising premarket Tuesday, with the State Street Energy Select Sector SPDR ETF ( XLE ) up 1.1%.

The United States Oil Fund ( USO ) was up 3% and The United States Natural Gas Fund ( UNG ) was 2% lower.

Front-month US West Texas Intermediate crude oil was 3.2% higher at $101.25 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil rose 3.2% to $107.49 per barrel, and natural gas futures were down 1.7% at $2.86 per 1 million British Thermal Units.

Venture Global ( VG ) shares were up more than 7% after the company reported higher Q1 earnings and revenue.

Petrobras (PBR) stock was down more than 1% even after the company posted higher Q1 net income and sales revenue.

Shell (SHEL) plans to divest its gas station network in France, according to a Google translation of a Monday report from French newspaper Les Echos. Shell shares were up 0.2% premarket.

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

### Related Stocks

- [VG.US](https://longbridge.com/en/quote/VG.US.md)
- [XLE.US](https://longbridge.com/en/quote/XLE.US.md)
- [USO.US](https://longbridge.com/en/quote/USO.US.md)
- [UNG.US](https://longbridge.com/en/quote/UNG.US.md)
- [PBR.US](https://longbridge.com/en/quote/PBR.US.md)
- [PBR.A.US](https://longbridge.com/en/quote/PBR.A.US.md)
- [SHEL.US](https://longbridge.com/en/quote/SHEL.US.md)
- [SHEL.WI.US](https://longbridge.com/en/quote/SHEL.WI.US.md)

## Related News & Research

- [Venture Global Insider Sold Shares Worth $15,060,331, According to a Recent SEC Filing](https://longbridge.com/en/news/286619570.md)
- [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md)
- [Citi bull case Brent hitting $150 near term as oil markets under-price disruption risk](https://longbridge.com/en/news/286992430.md)
- [Jadestone Energy Says Its Geared Towards Brent Oil Price Strength](https://longbridge.com/en/news/286866429.md)
- [Asia Naphtha/Gasoline-Naphtha prices fall in tandem with Brent](https://longbridge.com/en/news/287056749.md)