Energy stocks were falling premarket Thursday, with The Energy Select Sector SPDR Fund (XLE) down 0.2%.
The United States Oil Fund (USO) was 0.1% lower and the United States Natural Gas Fund (UNG) was 0.4% higher.
Front-month US West Texas Intermediate crude oil was down at $69.63 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil declined by 0.1% to $73.73 per barrel, and natural gas futures were 1% lower at $3.82 per 1 million British Thermal Units.
New Fortress Energy (NFE) shares were up past 4% after the company said it completed a transaction with Excelerate Energy (EE) to sell its Jamaican assets for $1.06 billion.
Prairie Operating (PROP) shares were up more than 6% after the company said it has closed its $602.8 million acquisition of some Denver-Julesburg Basin assets from Bayswater Exploration and Production and its affiliates.
FirstEnergy (FE) shares were down 0.3% after the company said overnight it is reducing its workforce by less than 3% as part of organizational changes.
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