09:09 AM EDT, 06/25/2024 (MT Newswires) -- Energy stocks were leaning lower pre-bell Tuesday as the Energy Select Sector SPDR Fund (XLE) was down 0.03% recently.

The United States Oil Fund (USO) was down 0.4% and the United States Natural Gas Fund (UNG) was 2.2% lower.

Front-month US West Texas Intermediate crude oil was down 0.5% at $81.25 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.4% to $85.65 per barrel, and natural gas futures were down 1.8% at $2.76 per 1 million British Thermal Units.

An Exxon Mobil ( XOM )-led (XOM) consortium in Guyana generated $6.33 billion last year, delivering a higher net margin than semiconductor maker Nvidia (NVDA), Reuters reported, citing Guyana government data. Exxon Mobil ( XOM ) was slightly advancing premarket.