09:04 AM EDT, 05/20/2026 (MT Newswires) -- Energy stocks were leaning lower premarket Wednesday, with the State Street Energy Select Sector SPDR ETF (XLE) declining by 0.6%.

The United States Oil Fund (USO) was down 2.5% and the United States Natural Gas Fund (UNG) was 1.6% lower.

Front-month US West Texas Intermediate crude oil was 0.8% lower at $107.77 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 2.9% to $108.10 per barrel, and natural gas futures were down 1% at $3.08 per 1 million British Thermal Units.

Golar LNG (GLNG) stock was up more than 3% after the company posted higher Q1 net income and operating revenue.