
Sector Update: Energy Stocks Lean Lower Premarket Wednesday

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Energy stocks showed a downward trend premarket Wednesday, with the State Street Energy Select Sector SPDR ETF down 0.7%. The United States Oil Fund fell 2.8%, and natural gas futures dropped 2.1%. However, Golar LNG and Dorian LPG saw stock increases of over 3% and 4%, respectively, following positive earnings reports. Shell's shares decreased by 0.4% after selling interests in exploration blocks to QatarEnergy.
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