** Oil companies fall in extended trading after U.S. President Trump announced reciprocal tariffs
** Benchmark Brent crude LCOc1 falls 1.5% to $73.35 a barrel. Prices had first risen by a dollar, but later turned negative over the course of Trump's press conference
** Exxon Mobil XOM.N and Chevron CVX.N fall 1.5% and 2.1%, respectively
** Shares of APA Corp APA.O, Devon Energy DVN.N, Occidental Petroleum OXY.N and EOG Resources EOG.N fall between 1.2% and 1.8%
** EQT Corp EQT.N down 2.1%, Coterra Energy CTRA.N 2.1%, Diamondback Energy FANG.O 2.4% and Hess HES.N 3.9%
** Oilfield services providers Halliburton HAL.N falls 1.4%, Baker Hughes BKR.O and SLB SLB.N both down 2.7% each
** Refiners Valero Energy VLO.N and Marathon Petroleum MPC.N both drop 1.8%; HF Sinclair DINO.N falls 2.1% and Phillips 66 PSX.N 3.1%
** Pipeline operators ONEOK OKE.N and Kinder Morgan KMI.N drop 1.5% and ~1%, respectively
(Reporting by Vallari Srivastava in Bengaluru)
((Srivastava.Vallari@thomsonreuters.com))
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.