S&amp;P 500 energy index (.SPNY) falls 0.7% as oil prices edge lower
Brent crude (LCOc1) down 1.46% at $62.82/barrel and U.S. West Texas Intermediate (WTI) crude futures (CLc1) dips 1.5% at $59.17/barrel
Oil prices fall as investors monitor ongoing talks to end the war in Ukraine and ahead of an expected U.S. Federal Reserve interest rate cut this week (O/R)
Oil majors Exxon Mobil (XOM.N) down ~1% and Chevron (CVX.N) falls 1.1%
Texas Pacific Land Corp (TPL.N) , Baker Hughes (BKR.O) , APA Corp (APA.O) and Expand Energy (EXE.O) fall between 2.3% and 3.1%, among biggest percent decliners on the energy index
Refiner Marathon Petroleum (MPC.N) down marginally
Oilfield services company Halliburton (HAL.N) down 1%

Energy stocks decline as oil prices drop due to Ukraine talks and anticipated U.S. Fed rate cut. S&P 500 energy index down 0.7%, Brent crude falls 1.46%, WTI crude dips 1.5%. Exxon Mobil and Chevron decrease ~1%, Texas Pacific Land Corp, Baker Hughes, APA Corp, and Expand Energy drop 2.3%-3.1%. Marathon Petroleum and Halliburton also see declines.

- The S&P 500 energy index fell 0.7% as Brent crude and U.S. West Texas Intermediate crude prices decreased by 1.46% and 1.5%, respectively.  
- The decline in oil prices is attributed to investor focus on ongoing Ukraine war negotiations and an anticipated U.S. Federal Reserve interest rate cut.  
- Major oil companies like Exxon Mobil and Chevron saw declines of approximately 1%, while other firms experienced larger drops between 2.3% and 3.1%.  

BUZZ-Energy companies fall amid ongoing Ukraine talks