Energy stocks were lower pre-bell Tuesday, with the Energy Select Sector SPDR Fund (XLE) 0.1% down recently.
The United States Oil Fund (USO) was 0.8% lower and the United States Natural Gas Fund (UNG) was down 1.9%.
Front-month US West Texas Intermediate crude oil was 1% lower at $65.29 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil lost 1% to $68.56 per barrel, and natural gas futures were 2.7% lower at $3.23 per 1 million British Thermal Units.
Halliburton (HAL) shares were down more than 2% after the company reported lower Q2 adjusted earnings and revenue.
Amplify Energy (AMPY) shares were up more than 2% after the company said it has engaged TenOaks Energy Advisors to explore potential buyers for its assets in East Texas and Oklahoma.
BP's (BP) chartered tanker has left a port run by Indian refiner Nayara Energy without loading, Reuters reported, citing five industry sources and shipping data from the London Stock Exchange Group. Shares of BP were 0.7% higher premarket.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.