01:34 PM EDT, 10/28/2025 (MT Newswires) -- Energy stocks were lower Tuesday afternoon, with the NYSE Energy Sector Index easing 0.1% and the Energy Select Sector SPDR Fund (XLE) down 0.7%.

The Philadelphia Oil Service Sector Index was decreasing 0.2%, and the Dow Jones US Utilities Index fell 1.3%.

Front-month West Texas Intermediate crude oil declined 2% to $60.08 a barrel, and the global benchmark Brent crude contract was dropping 1.8% to $64.43 a barrel. Henry Hub natural gas futures were 2.9% lower at $3.34 per 1 million BTU.

In corporate news, Ameren ( AEE ) is facing a favorable regulatory position and forecasted growth appears fairly priced in stock value, resulting in limited near-term upward revision catalysts, RBC Capital Markets said in a note. RBC started coverage with a sector perform rating. Ameren ( AEE ) shares were down 1.1%.