09:22 AM EDT, 05/19/2025 (MT Newswires) -- Energy stocks leaned lower premarket Monday as the Energy Select Sector SPDR Fund ( XLE ) was down 0.5% recently.

The United States Oil Fund ( USO ) was down 0.2% and the United States Natural Gas Fund ( UNG ) was 4% lower.

Front-month US West Texas Intermediate crude oil was slightly higher at $62.50 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 0.1% to $65.36 per barrel, and natural gas futures were 4.9% lower at $3.17 per 1 million British Thermal Units.

Sable Offshore ( SOC ) shares rose by over 20% after the company said it restarted production at the Santa Ynez Unit, with oil now flowing to Las Flores Canyon at about 6,000 barrels per day.

Halliburton ( HAL ) said it has launched its EarthStar 3DX reservoir mapping service. Shares of Halliburton ( HAL ) were down more than 1% pre-bell.

Crescent Energy ( CRGY ) said it appointed J.D. Hall as chief operating officer, effective June 2. Crescent Energy ( CRGY ) shares were over 1% lower premarket.