09:06 AM EDT, 05/22/2024 (MT Newswires) -- Energy stocks were down in Wednesday's pre-bell activity, with the Energy Select Sector SPDR Fund (XLE) declining by 0.1% recently.

The United States Oil Fund (USO) was 1.1% lower, and the United States Natural Gas Fund (UNG) was down 0.1%.

Front-month US West Texas Intermediate crude oil was down 1% at $77.85 per barrel at the New York Mercantile Exchange. Global benchmark Brent lost 1.1% to $82.00 per barrel, and natural-gas futures were down 0.4% at $2.66 per 1 million BTU.

Dorian LPG ( LPG ) declined more than 2% after it reported fiscal Q4 adjusted earnings of $1.91 per diluted share, down from $1.94 a year earlier.