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Sector Update: Energy Stocks Lean Lower Premarket Monday
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Sector Update: Energy Stocks Lean Lower Premarket Monday
Jun 30, 2025 6:45 AM

09:23 AM EDT, 06/30/2025 (MT Newswires) -- Energy stocks were leaning lower premarket Monday, with The Energy Select Sector SPDR Fund ( XLE ) down 0.2%.

The United States Oil Fund ( USO ) was marginally lower and the United States Natural Gas Fund ( UNG ) was down 6.5%.

Front-month US West Texas Intermediate crude oil was down 0.4% at $65.26 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.2% to reach $67.63 per barrel, and natural gas futures were 6% lower at $3.51 per 1 million British Thermal Units.

Core Natural Resources ( CNR ) shares were down more than 2% after the company said it had to evacuate its Leer South mine Friday due to an increase in carbon monoxide levels.

W&T Offshore ( WTI ) said that US Magistrate Judge Dena Palermo recommended denying motions by two surety companies for a preliminary injunction asking the company to post collateral of more than $100 million. Shares of W&T Offshore ( WTI ) were up more than 2% pre-bell.

TotalEnergies (TTE) has received at least two bids for its shale oil assets in Argentina, Bloomberg News reported, citing sources familiar with the matter. Shares of TotalEnergies were 0.2% lower premarket.

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