US energy companies fall on report of US proposal to end Russia-Ukraine war

EOG Resources

19/11/2025 14:46

** U.S. energy companies down following a report of a U.S. proposal to end the Russian war in Ukraine, as oversupply concerns continued to weigh on oil prices O/R

**  Brent crude futures LCOc1 down 2.6% at $63.21 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 falls 2.7% to $59.12 a barrel

** Energy majors Exxon Mobil XOM.N and Chevron  CVX.N down 2.18% and 1.6% respectively

** ConocoPhillipsCOP.N , Occidental Petroleum OXY.N,   Marathon Petroleum  MPC.N, Phillips 66  PSX.N  and Valero VLO.N among the top percent decliners on the energy index, down between 2.5% and 3.5%

 (Reporting by Sumit Saha in Bengaluru)

 ((Sumit.Saha@thomsonreuters.com;))