09:28 AM EDT, 09/29/2025 (MT Newswires) -- Energy stocks were leaning lower premarket Monday, with The Energy Select Sector SPDR Fund ( XLE ) declining by 0.1%.

The United States Oil Fund ( USO ) was 1.8% lower and the United States Natural Gas Fund ( UNG ) was down 0.6%.

Front-month US West Texas Intermediate crude oil was 2.1% lower at $64.33 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1.8% to reach $68.87 per barrel, and natural gas futures were down 1.7% at $3.15 per 1 million British Thermal Units.

Occidental Petroleum ( OXY ) is working with advisers to sell its OxyChem unit in a deal likely to be worth at least $10 billion, the Financial Times reported, citing two people familiar with the matter. Occidental Petroleum ( OXY ) shares were up more than 1% pre-bell.

Vistra ( VST ) said it will build two new natural gas power units at its Permian Basin Power Plant in Texas, boosting the site's capacity to 1,185 megawatts from 325 MW. Vistra ( VST ) stock was down 1.7% premarket.

TotalEnergies (TTE) said it has signed an agreement to divest 50% of its 1.4 gigawatts solar portfolio in North America to KKR (KKR) for $950 million. TotalEnergies shares were 1.1% lower pre-bell.