BUZZ-Energy firms fall on weak Chinese economic data, DeepSeek's pressure on markets

Updates

** S&P 500 energy index .SPNY falls 1.2% as oil prices edge lower

** Brent crude futures LCOc1 down 2.5% at $76.53 a barrel; U.S. West Texas Intermediate (WTI) crude CLc1 falls 2.8% to $72.60 a barrel

** Oil prices fell to a two-week low, pressured by losses in Wall Street technology and energy stocks, as investors took cover after news of surging interest in Chinese startup DeepSeek's low-cost artificial intelligence model

** Prices were already down early on weak economic data from China and worries that U.S. President Donald Trump's proposed tariffs would further pressure economic growth and energy demand

** Producers like Devon Energy DVN.N, Diamondback Energy FANG.O, Permian Resources PR.N, Strathcona Resources SCR.TO, Canadian Natural Resources CNQ.TO all fall between 1% and 2%

** Oilfield service companies like Liberty Energy LBRT.N drops 9.8%, Baker Hughes BKR.O falls 3.7%, Halliburton HAL.N loses 1.7%

** Midstream companies like Kinder Morgan KMI.N falls 9.1%, Energy Transfer ET.N down 5.8%, OneOK OKE.N slips 4.3%, and Plains All Americans Pipelines PAA.O down 1.8%