09:20 AM EDT, 03/28/2025 (MT Newswires) -- Energy stocks were advancing premarket Friday, with The Energy Select Sector SPDR Fund ( XLE ) 0.1% higher.

The United States Oil Fund ( USO ) was up 0.2% and the United States Natural Gas Fund ( UNG ) was 0.1% higher.

Front-month US West Texas Intermediate crude oil was up 0.1% at $70.01 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.1% to reach $74.09 per barrel, and natural gas futures were slightly higher at $3.93 per 1 million British Thermal Units.

Infinity Natural Resources ( INR ) shares were down more than 17% after the company overnight reported that it swung to Q4 net loss as revenue fell during the period.

Woodside Energy ( WDS ) said it agreed with oil and gas company Perenco to divest its Greater Angostura assets in Trinidad and Tobago for $206 million. Woodside Energy ( WDS ) stock was 0.1% lower premarket.

Elliott Investment Management has taken a short position in Shell (SHEL), amounting to 0.5% of Shell, a Financial Conduct Authority filing showed. Shell's shares were 0.3% lower pre-bell.