09:08 AM EDT, 08/14/2025 (MT Newswires) -- Energy stocks were declining pre-bell Thursday, with the Energy Select Sector SPDR Fund ( XLE ) down 0.2%.

The United States Oil Fund ( USO ) was 0.6% higher and the United States Natural Gas Fund ( UNG ) was down 0.9%.

Front-month US West Texas Intermediate crude oil was 0.9% higher at $63.18 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil gained 0.8% to $66.13 per barrel, and natural gas futures were down 1.4% at $2.79 per 1 million British Thermal Units.

Golar LNG (GLNG) shares were up more than 2% after the company reported higher Q2 operating revenue.

Borr Drilling ( BORR ) shares were down more than 6% after the company posted lower Q2 operating revenue.

TotalEnergies (TTE) and its joint venture partner Shell's (SHEL) environmental authorization to explore for oil in a block off South Africa was rescinded by a local court, media outlets reported, citing court documents. TotalEnergies shares were 0.7% lower and Shell was down 0.4% premarket.