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Sector Update: Energy
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Sector Update: Energy
Apr 14, 2026 6:32 AM

09:06 AM EDT, 04/14/2026 (MT Newswires) -- Energy stocks were leaning lower premarket Tuesday, with the State Street Energy Select Sector SPDR ETF (XLE) declining by 0.6%.

The United States Oil Fund (USO) was down 0.7% and the United States Natural Gas Fund (UNG) was 0.4% lower.

Front-month US West Texas Intermediate crude oil was 3.1% lower at $95.92 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 1.4% to $97.99 per barrel, and natural gas futures were down 0.6% at $2.61 per 1 million British Thermal Units.

Chevron ( CVX ) said it has agreed to an asset swap with Petroleos de Venezuela via its subsidiaries in the country to consolidate its heavy oil position. Chevron ( CVX ) stock was down 0.8% pre-bell.

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