09:04 AM EDT, 06/12/2025 (MT Newswires) -- Energy stocks were leaning lower premarket Thursday, with The Energy Select Sector SPDR Fund (XLE) down 0.4%.

The United States Oil Fund (USO) was down 1% and The United States Natural Gas Fund (UNG) was 2.2% higher.

Front-month US West Texas Intermediate crude oil was down 1.6% at $67.03 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1.6% to reach $68.66 per barrel, and natural gas futures were 2.2% higher at $3.58 per 1 million British Thermal Units.

TotalEnergies (TTE) is collaborating with French firm Mistral AI to set up an innovation lab focused on artificial intelligence in support of TotalEnergies' multi-energy strategy, particularly in low-carbon energy, the companies said. TotalEnergies shares were up more than 2% pre-bell.