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Sector Update: Energy Stocks Decline Premarket Friday
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Sector Update: Energy Stocks Decline Premarket Friday
Jun 12, 2026 6:42 AM

09:26 AM EDT, 06/12/2026 (MT Newswires) -- Energy stocks were declining premarket Friday, with the State Street Energy Select Sector SPDR ETF ( XLE ) 0.5% lower.

The United States Oil Fund ( USO ) was down 1.5% and the United States Natural Gas Fund ( UNG ) was 0.4% higher.

Front-month US West Texas Intermediate crude oil was 2.7% lower at $85.37 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 2.3% to $88.31 per barrel, and natural gas futures were up 0.1% at $3.09 per 1 million British Thermal Units.

Venture Global ( VG ) stock was down more than 1% after the company said it closed an offering of $1.13 billion of 6.375% senior secured notes due Dec. 15, 2034, and $1.13 billion of 6.625% senior secured notes due June 15, 2036.

Western Midstream Partners ( WES ) said it has completed the acquisition of Brazos Delaware in a cash-and-stock deal valued at around $1.6 billion. Western Midstream Partners ( WES ) shares were 0.7% lower pre-bell.

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