** S&P 500 energy sector down 0.7%, tracking lower crude prices
** Brent crude slips 1.13% to $82.92/bbl and U.S. West Texas Intermediate crude declines 1.2% to $78.3/bbl, as investors grapple with conflicting demand signals out of top two crude oil consumers China and the U.S
** APA Corp , Valero Energy , Marathon Petroleum and EQT Corp among top pct decliners on energy index, down 1.6% to 3%
** Oil majors Exxon Mobil and Chevron decline 0.6% and 0.2%, respectively
** Both oil benchmarks were roughly flat on the week
(Reporting by Arunima Kumar in Bengaluru)
((Arunima.Kumar@thomsonreuters.com; Twitter:
;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments