09:10 AM EST, 02/13/2025 (MT Newswires) -- Energy stocks leaned lower premarket Thursday with the Energy Select Sector SPDR Fund (XLE) recently declining by 0.2%.
The United States Oil Fund (USO) was down 1.1% and the United States Natural Gas Fund (UNG) was 4.3% higher.
Front-month US West Texas Intermediate crude oil was down 1.3% at $70.45 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1.3% to $74.22 per barrel. Natural gas futures were 4.6% higher at $3.729 per 1 million British Thermal Units.
Genesis Energy (GEL) shares were up over 2% even after the company reported a wider Q4 net loss as revenue declined during the period.