09:07 AM EDT, 06/17/2024 (MT Newswires) -- Energy stocks were lower premarket Monday with the Energy Select Sector SPDR Fund (XLE) down 0.1% recently.
The United States Oil Fund (USO) was 0.4% higher and the United States Natural Gas Fund (UNG) was down 3.2%.
Front-month US West Texas Intermediate crude oil was up 0.4% at $78.36 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.4% to $82.92 per barrel, and natural gas futures were down 2.7% at $2.80 per 1 million British Thermal Units.
New Fortress Energy ( NFE ) shares were up 0.4% after the company said Friday that it expects the first LNG from its unit in Altamira, Mexico, within the next 10 days, while the delivery of First Cargo is expected in July.