Energy sector slips ahead of Federal Reserve meeting

PDC Energy

12/06/2023 15:05

(Updates)
    ** S&P Energy sector down 0.2%, as crude oil prices fall
more than $2 ahead of the Federal Reserve meeting
    ** Concerns about China's fuel demand growth and rising
Russian crude supply also weigh
    ** Brent crude futures  LCOc1  slip 3% to $72.54 a barrel,
while U.S. West Texas Intermediate crude  CLc1  falls 3.5% to
$67.73 per barrel
    ** Oil majors Chevron  CVX.N  and Exxon Mobil  XOM.N  down
0.7% and 1.2%, respectively
    ** Hess  HES.N , Halliburton  HAL.N , Pioneer Natural
Resources  PXD.N  and EOG Resources  EOG.N  down between 0.8%
and 1.1% 

 (Reporting by Arshreet Singh)
 ((Twitter: https://twitter.com/Arshreets))