03:25 PM EDT, 03/22/2024 (MT Newswires) -- Energy stocks fell late Friday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) both shedding 0.3%.

The Philadelphia Oil Service Sector index fell 0.8%, while the Dow Jones US Utilities index eased 0.1%.

West Texas Intermediate crude oil dropped 0.4% to $80.72 a barrel, and global benchmark Brent declined 0.3% to $85.49 a barrel. Henry Hub natural-gas futures fell 1.9% to $1.651 per 1 million BTU.

In corporate news, Hawaiian Electric Industries ( HE ) shares dropped 3.4% after US lawmakers asked the company to provide additional information about the Maui wildfire last year.