Energy stocks were declining pre-bell Monday, with the State Street Energy Select Sector SPDR ETF (XLE) falling 2.6%.

The United States Oil Fund (USO) was down 6.3% and the United States Natural Gas Fund (UNG) was 3.1% lower.

Front-month US West Texas Intermediate crude oil was 5.9% lower at $84.04 per barrel at the New York Mercantile Exchange. Global benchmark North Sea Brent crude oil fell 6.4% to $90.55 per barrel, and natural gas futures were down 3.4% at $2.77 per 1 million British Thermal Units.

TotalEnergies (TTE) has decided to appeal a June 25 ruling by the Paris Judicial Court in a climate-related duty-of-vigilance case, the company said. Shares of TotalEnergies were down more than 3% premarket.