03:18 PM EDT, 04/15/2024 (MT Newswires) -- Energy stocks fell late Monday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) both down 0.9%.

The Philadelphia Oil Service Sector index declined 1.4%, and the Dow Jones US Utilities index dropped 0.9%.

West Texas Intermediate crude oil fell 0.2% to $85.47 a barrel, while global benchmark Brent decreased 0.1% to $90.32 a barrel. Henry Hub natural-gas futures tumbled 4.2% to $1.70 per 1 million BTU.

In corporate news, FirstEnergy ( FE ) shares fell 0.5%. The company said its Ohio electric utilities reached a settlement on their second grid modernization plan to expand the deployment of smart meters to an additional 1.4 million customers.