BUZZ-US energy sector falls on demand concerns ahead of Fed meeting

Reuters12-17 22:55

** S&P 500 energy sector falls, tracking crude prices

** Brent crude drops 1.3% to $72.90 a barrel, while U.S. WTI crude falls 1.4% to $69.64 a barrel, as Chinese economic data renewed demand concerns while investors remained cautious ahead of a U.S. Federal Reserve decision on interest rates

** Energy majors Exxon Mobil and Chevron , both, drop 1%

** Shares of ConocoPhillips , SLB , Halliburton , ONEOK and Coterra Energy are among the top pct losers on the energy index, down between 1.3% and 1.7%

(Reporting by Vallari Srivastava in Bengaluru)

((Srivastava.Vallari@thomsonreuters.com;))

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