03:44 PM EDT, 08/01/2025 (MT Newswires) -- Energy stocks fell late Friday afternoon with the NYSE Energy Sector Index declining 1.3% and the Energy Select Sector SPDR Fund (XLE) dropping 2%.

The Philadelphia Oil Service Sector Index shed 3.6%, while the Dow Jones US Utilities Index rose 0.6%.

West Texas Intermediate crude oil declined 2.8% to $67.29 a barrel, and global benchmark Brent dropped 3% to $69.56 a barrel. Henry Hub natural gas futures eased 0.4% to $3.10 per 1 million BTU.

In corporate news, Dominion Energy ( D ) shares added 3.2% after the company reported Q2 non-GAAP earnings and operating revenue that beat Wall Street estimates.