08:59 AM EDT, 09/10/2024 (MT Newswires) -- Energy stocks were leaning lower premarket Tuesday as the Energy Select Sector SPDR Fund (XLE) recently declined by 0.1%.

The United States Oil Fund (USO) was down 0.7% and the United States Natural Gas Fund (UNG) was 4.2% higher.

Front-month US West Texas Intermediate crude oil was down 0.6% at $68.30 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.7% to $71.34 per barrel, and natural gas futures were up 3.3% at $2.24 per 1 million British Thermal Units.

Kodiak Gas Services ( KGS ) shares were over 6% higher pre-bell after the company said an underwritten public offering of approximately 6.1 million of its common shares by the EQT Infrastructure III and EQT Infrastructure IV funds was priced at $25 per share.