09:22 AM EST, 01/27/2025 (MT Newswires) -- Energy stocks declined premarket Monday as the Energy Select Sector SPDR Fund ( XLE ) fell by 0.4% recently.

The United States Oil Fund ( USO ) was down 0.5% and the United States Natural Gas Fund ( UNG ) was 5.1% lower.

Front-month US West Texas Intermediate crude oil was down 0.4% at $74.38 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.4% to $77.26 per barrel. Natural gas futures were down 5.4% at $3.265 per 1 million British Thermal Units.

Diversified Energy ( DEC ) shares were over 3% higher after the company said it has agreed to purchase Maverick Natural Resources, an EIG portfolio company, for approximately $1.28 billion.

Chevron ( CVX ) said its Cabinda Gulf Oil operations in Angola have resumed normal operations after an oil sheen and debris were found nearby along the Atlantic Ocean coastline, Bloomberg reported. Chevron ( CVX ) shares were up 0.1% pre-bell.

Schlumberger ( SLB ) shares were down 0.6% after the company said its SLB Capturi joint venture won a contract from Hafslund Celsio to support a carbon capture project for a waste-to-energy facility in Oslo, Norway.