Top Energy Stocks:
Top energy stocks were mostly higher in Monday's pre-market trading. West Texas Intermediate crude oil for October delivery was up $0.78 at $57.30 per barrel at the New York Mercantile Exchange. The global benchmark Brent crude November contract gained $0.64 to $62.18 per barrel and October natural gas futures were 4 cents higher at $2.53 per 1 million BTU. Among energy-related ETFs, the United States Oil Fund was up 1.53%, while the United States Natural Gas fund was 1.90% higher.
In other sector news:
(+) Italian natural gas infrastructure company Snam SpA is preparing an offer to acquire Energy Transfer's (ET) 33% stake in the Rover pipeline, Reuters reported, citing sources. Energy Transfer was recently trading higher.
(+) Equinor (EQNR) was up more than 1% after saying it will clean up the spills from the South Riding Point oil terminal on Grand Bahama Island in the Bahamas, which sustained damage from hurricane Dorian.
(=) Cheniere Energy Partners (CQP) was flat after unveiling plans to sell $1 billion of senior notes due 2029.
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