03:41 PM EDT, 07/31/2025 (MT Newswires) -- Energy stocks were lower late Thursday afternoon, with the NYSE Energy Sector Index down 0.3% and the Energy Select Sector SPDR Fund (XLE) decreasing 0.4%.

The Philadelphia Oil Service Sector index was falling 2.3%, while the Dow Jones US Utilities index was rising 0.3%.

Front-month West Texas Intermediate crude oil declined 1.3% to $69.06 a barrel, and the global benchmark Brent crude contract fell 1% to $72.53 a barrel. Henry Hub natural gas futures were 1.5% higher at $3.09 per 1 million BTU.

US natural gas stocks rose by 48 billion cubic feet in the week ended July 25, above the 40 billion gain expected in a survey compiled by Bloomberg and following an increase of 23 billion cubic feet in the previous week.

In corporate news, PG&E ( PCG ) shares were falling 0.9% after its Q2 core earnings and revenue missed analysts' estimates.