09:00 AM EST, 01/22/2025 (MT Newswires) -- Energy stocks were declining pre-bell Wednesday as the Energy Select Sector SPDR Fund (XLE) was 0.4% lower recently.

The United States Oil Fund (USO) was down 0.1% and the United States Natural Gas Fund (UNG) was 0.9% lower.

Front-month US West Texas Intermediate crude oil was unchanged at $75.83 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost marginally to $79.28 per barrel, and natural gas futures were down 0.5% at $3.74 per 1 million British Thermal Units.

Halliburton ( HAL ) shares fell by 0.6% after the company reported lower Q4 adjusted earnings and revenue.