09:20 AM EDT, 10/09/2024 (MT Newswires) -- Energy stocks were declining premarket Wednesday as the Energy Select Sector SPDR Fund ( XLE ) recently fell by 0.6%.

The United States Oil Fund ( USO ) was down 1.6% and the United States Natural Gas Fund ( UNG ) was 0.8% lower.

Front-month US West Texas Intermediate crude oil was 1.3% lower at $72.62 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1.2% to $76.20 per barrel, and natural gas futures were down 1.8% at $2.68 per 1 million British Thermal Units.

Delek Logistics Partners ( DKL ) shares were over 11% lower after the company priced a public offering of about 3.8 million common units at $39 per unit.

Woodside Energy Group ( WDS ) said it has completed its $900 million acquisition of Tellurian (TELL) and its US Gulf Coast Driftwood LNG project, which it has renamed to Woodside Louisiana LNG. Woodside Energy Group ( WDS ) shares were down more than 2% premarket.

CenterPoint Energy ( CNP ) said it plans to utilize predictive analytics and artificial intelligence to better prepare its assets in extreme weather-prone regions as part of a $21 billion commitment to boost resilience over the next five years. CenterPoint Energy ( CNP ) was 0.2% lower pre-bell.