09:23 AM EST, 02/25/2025 (MT Newswires) -- Energy stocks were declining premarket Tuesday, with The Energy Select Sector SPDR Fund ( XLE ) down 0.1%.

The United States Oil Fund ( USO ) was 0.8% lower and the United States Natural Gas Fund ( UNG ) was 0.8% higher.

Front-month US West Texas Intermediate crude oil was down 0.9% at $70.08 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.8% to reach $74.17 per barrel, and natural gas futures were 1% higher at $4.03 per 1 million British Thermal Units.

Woodside Energy ( WDS ) shares were up past 3% after the company reported an increase in 2024 earnings.

Delek US ( DK ) stock was up over 1% even after the company posted a wider Q4 adjusted net loss amid lower revenue.

Targa Resources ( TRGP ) shares were marginally higher after the company overnight priced a $2 billion notes offering.