Energy stocks were edging higher premarket Monday, with the State Street Energy Select Sector SPDR ETF (XLE) up 0.3%.

The United States Oil Fund (USO) was 0.6% higher and the United States Natural Gas Fund (UNG) was up 0.7%.

Front-month US West Texas Intermediate crude oil was up 0.4% at $66.75 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.3% to $71.53 per barrel. Natural gas futures were 1.1% higher at $3.079 per 1 million British Thermal Units.

Tidewater (TDW) shares were up more than 6% after the company said it has agreed to acquire all the outstanding shares of Wilson Sons Ultratug Participacoes and its affiliate Atlantic Offshore Services at an enterprise value of about $500 million.

Chevron (CVX) and Exxon Mobil (XOM) have purchased condensate cargoes from Saudi Aramco's $100 billion Jafurah gas project, Reuters reported, citing four unnamed trade sources. Chevron stock was 0.2% higher and Exxon Mobil shares were up 0.3% premarket.

TotalEnergies (TTE), Repsol, and HitecVision received approval from the European Commission for their acquisition of joint control of Neo Next Energy, the regulator said. Shares of TotalEnergies were 0.1% higher pre-bell.