09:07 AM EDT, 08/04/2025 (MT Newswires) -- Energy stocks were declining pre-bell Monday as the Energy Select Sector SPDR Fund (XLE) was 0.4% lower recently.

The United States Oil Fund (USO) was 2.2% lower and the United States Natural Gas Fund (UNG) was down 3.1%.

Front-month US West Texas Intermediate crude oil was 2.4% lower at $65.71 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 2.1% to $68.22 per barrel, and natural gas futures were down 2.2% at $3.01 per 1 million British Thermal Units.

Kosmos Energy ( KOS ) shares were down more than 3% after the company reported that it swung to a Q2 adjusted loss as revenue declined during the period.