09:28 AM EST, 11/25/2025 (MT Newswires) -- Energy stocks were leaning lower premarket Tuesday, with the Energy Select Sector SPDR Fund ( XLE ) declining by 0.6%.

The United States Oil Fund ( USO ) was down 2.1% and the United States Natural Gas Fund ( UNG ) was nearly 6% lower.

Front-month US West Texas Intermediate crude oil was down 2.1% at $57.62 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 2% to $61.48 per barrel. Natural gas futures were 5.6% lower at $4.410 per 1 million British Thermal Units.

Diversified Energy ( DEC ) shares were up nearly 5% after the company said it has closed the acquisition of Canvas Energy for about $550 million, adding complementary operated producing properties and acreage positions in Oklahoma.

Petroleo Brasileiro (PBR) is poised to delay awarding about four drilling contracts for its largest offshore field by at least a few months amid a rising global crude glut, Bloomberg reported, citing people familiar with the matter. Petrobras stock was down 0.9% pre-bell.

Shell's (SHEL) Italian division said it has agreed to supply renewable energy to Ferrari (RACE) until the end of 2034 to help the carmaker reduce carbon emissions. Shell shares were flat premarket.