09:06 AM EST, 02/12/2026 (MT Newswires) -- Energy stocks were leaning lower pre-bell Thursday, with the State Street Energy Select Sector SPDR ETF (XLE) declining by 0.1%.

The United States Oil Fund (USO) was 1.2% lower and the United States Natural Gas Fund (UNG) was up 2.4%.

Front-month US West Texas Intermediate crude oil was down 0.7% at $64.19 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.8% to $68.93 per barrel, and natural gas futures were 3.6% higher at $3.27 per 1 million British Thermal Units.

Eni (E), Argentine energy company YPF Sociedad Anonima (YPF) and XRG said they have signed a binding joint development agreement to develop liquid natural gas in Argentina. Eni stock was down more than 1% premarket.