Oil stocks fall as crude dips following reports of Saudi offering cargoes via Oman

EOG Resources

16/09/2026 15:45

    ** Stocks of U.S. oil companies fall, tracking a dip crude
oil prices
    ** S&P 500 energy index  .SPNY  down 1.9%
    ** Brent crude  LCOc1  futures fall 1.12% to $107.53/barrel,
U.S. West Texas Intermediate (WTI) crude futures  CLc1  down
1.91% at $105.83/barrel 
    ** Oil falls on easing supply concerns following reports
that Saudi Arabia was offering additional crude cargoes via Oman
 O/R     
    ** Top oil and gas firms ExxonMobil  XOM.N  and Chevron
 CVX.N  fall 2.1% and 1.8%, respectively
    ** ConocoPhillips  COP.N , EOG Resources  EOG.N , Occidental
Petroleum  OXY.N  and Diamondback Energy  FANG.O  down between
4.1% and 8%, among the biggest percentage decliners on the
energy index
    ** Oilfield services firm SLB  SLB.N  slips 1.5%,
Halliburton  HAL.N  down 1.2%

    (Reporting by Tyakshi Singh in Bengaluru)
 ((Tyakshi.singh@thomsonreuters.com))