09:04 AM EDT, 06/11/2024 (MT Newswires) -- Energy stocks were lower in pre-bell activity Tuesday as the Energy Select Sector SPDR Fund (XLE) was down 0.3% recently.

The United States Oil Fund (USO) was 0.1% lower and the United States Natural Gas Fund (UNG) was up 3.4%.

Front-month US West Texas Intermediate crude oil was down 0.2% at $77.62 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.1% to $81.57 per barrel, and natural gas futures were up 4.8% at $3.04 per 1 million British Thermal Units.

Scorpio Tankers ( SBBA ) fell past 3% after saying it has agreed to sell five of its medium-range tankers for $179.1 million to separate buyers.