09:29 AM EST, 02/12/2025 (MT Newswires) -- Energy stocks fell premarket Wednesday with the Energy Select Sector SPDR Fund ( XLE ) recently declining by 0.4%.

The United States Oil Fund ( USO ) was down 1.4% and the United States Natural Gas Fund ( UNG ) was 1.2% higher.

Front-month US West Texas Intermediate crude oil was down 1.5% at $72.26 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1.3% to $76.03 per barrel. Natural gas futures were 1.3% higher at $3.565 per 1 million British Thermal Units.

TotalEnergies (TTE) said it has signed a 10-year agreement to supply 400,000 tons of liquefied natural gas to India's state-owned oil and gas company Gujarat State Petroleum starting next year. TotalEnergies shares were down 0.7% pre-bell.

Dominion Energy ( D ) reported an increase in Q4 operating earnings, while operating revenue fell. Dominion Energy ( D ) shares were down over 1% premarket.