09:03 AM EDT, 08/02/2024 (MT Newswires) -- Energy stocks fell in Friday's pre-bell hours as the Energy Select Sector SPDR Fund (XLE) was down almost 1% recently.

The United States Oil Fund (USO) was 2.6% lower and the United States Natural Gas Fund (UNG) was up 1.2%.

Front-month US West Texas Intermediate crude oil was down 2% at $74.82 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1.8% to $78.11 per barrel, and natural gas futures were up 1.1% at $1.99 per 1 million British Thermal Units.

Chevron ( CVX ) shares were over 1% lower after it reported Q2 adjusted earnings of $2.55 per diluted share, down from $3.08 a year earlier.