08:23 AM EDT, 04/24/2024 (MT Newswires) -- Energy stocks were declining pre-bell Wednesday, with the Energy Select Sector SPDR Fund (XLE) down 0.4% recently.

The United States Oil Fund (USO) was 0.3% lower, and the United States Natural Gas Fund (UNG) was down 1.6%.

Front-month US West Texas Intermediate crude was down 0.3% at $83.12 per barrel at the New York Mercantile Exchange. Global benchmark Brent lost 0.2% to $88.29 per barrel, and natural gas futures were down 0.6% at $1.80 per 1 million BTU.

Baker Hughes ( BKR ) was down 0.5% even after the company reported higher Q1 financial results.