03:22 PM EDT, 07/21/2025 (MT Newswires) -- Energy stocks fell late Monday afternoon with the NYSE Energy Sector Index shedding 0.8% and the Energy Select Sector SPDR Fund (XLE) dropping 0.9%.

The Philadelphia Oil Service Sector Index eased 0.1%, while the Dow Jones US Utilities Index added 0.1%.

West Texas Intermediate crude oil declined 0.5% to $67 a barrel, and global benchmark Brent shed 0.4% to $69.03 a barrel. Henry Hub natural gas futures slumped 7.2% to $3.31 per 1 million BTU.

In corporate news, NextNRG ( NXXT ) completed a financial restructuring that consists of a debt conversion agreement and refinancing plan, lowering the company's monthly burn by $1 million. The shares fell 5.1%.