01:30 PM EST, 11/19/2025 (MT Newswires) -- Energy stocks fell Wednesday afternoon with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each dropping 1.1%.

The Philadelphia Oil Service Sector Index eased 0.1%, and the Dow Jones US Utilities Index shed 0.3%.

West Texas Intermediate crude oil declined 2.5% to $59.23 a barrel, and global benchmark Brent dropped 2.4% to $63.33 a barrel. Henry Hub natural gas futures rose 4% to $4.54 per 1 million BTU.

In corporate news, TotalEnergies (TTE) agreed to buy an additional 50% operated interest in Nigeria's OPL257 block from Conoil Producing, while transferring its 40% stake in OML136 to Conoil. TotalEnergies shares fell 1.5%.