09:21 AM EST, 11/04/2025 (MT Newswires) -- Energy stocks were leaning lower premarket Tuesday, with The Energy Select Sector SPDR Fund ( XLE ) declining by 1.1%.

The United States Oil Fund ( USO ) was down 1.3% and the United States Natural Gas Fund ( UNG ) was 0.7% lower.

Front-month US West Texas Intermediate crude oil was down 1.5% at $60.15 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1.3% to reach $64.05 per barrel, and natural gas futures were down 0.1% at $4.26 per 1 million British Thermal Units.

BP (BP) stock was up more than 2% after the company reported increases in Q3 underlying replacement cost profit and sales and other operating revenue.

Marathon Petroleum ( MPC ) shares were down more than 6% after the company reported Q3 adjusted income that missed analysts' expectations.

MPLX ( MPLX ) stock was up more than 1% after the company posted higher Q3 adjusted earnings and revenue.