09:06 AM EDT, 10/14/2025 (MT Newswires) -- Energy stocks were falling pre-bell Tuesday, with the Energy Select Sector SPDR Fund (XLE) declining by 1.4%.

The United States Oil Fund (USO) was down 2.5% and the United States Natural Gas Fund (UNG) was 1.5% lower.

Front-month US West Texas Intermediate crude oil was 2.2% lower at $58.19 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 2.1% to $62.00 per barrel, and natural gas futures were down 2.4% at $3.04 per 1 million British Thermal Units.

BP (BP) said in a regulatory filing that it now expects upstream output to be higher in Q3 compared with the prior quarter. Shares of BP were down more than 2% premarket.