** S&P 500 energy index .SPNY marginally down, tracking oil prices
** Brent crude futures LCOc1 and U.S. West Texas Intermediate crude CLc1 fall 0.5% each to $65.98/barrel and $62.24/barrel, respectively
** Oil prices set for weekly decline under pressure from market expectations of oversupply and uncertainty around Sino-U.S. tariff talks
** Energy majors Exxon XOM.N and Chevron CVX.N each down marginally
** Marathon Petroleum MPC.N, Texas Pacific Land Corp TPL.N, Coterra Energy CTRA.N and Phillips 66 PSX.N down between ~1% and 2.1%; among top percentage losers on the energy index
** Oilfield services company SLB SLB.N misses Q4 profit estimates as weaker Latin American demand weighed on its international business
** Refiner Phillips 66 PSX.N posts bigger-than-expected Q1 loss, hurt by lower refining margins
** Refiner Marathon Petroleum MPC.N down ~1%
(Reporting by Katha Kalia in Bengaluru)
((Katha.Kalia@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.