03:45 PM EDT, 09/11/2025 (MT Newswires) -- Energy stocks eased late Thursday afternoon, with the NYSE Energy Sector Index shedding 0.3% and the Energy Select Sector SPDR Fund (XLE) down 0.1%.

The Philadelphia Oil Service Sector index dropped 0.2%, and the Dow Jones US Utilities index increased 0.2%.

West Texas Intermediate crude oil declined 2.2% to $62.27 a barrel, and global benchmark Brent dropped 1.8% to $66.27 a barrel. Henry Hub natural gas futures slumped 3.5% to $2.92 per 1 million BTU.

In corporate news, Robin Energy ( RBNE ) shares tumbled 40% after the company priced an offering of 5.77 million shares at $1.30 each, representing a 43% discount to Wednesday's closing price, for expected gross proceeds of $7.5 million.