BUZZ-Oil stocks fall on rising US crude stockpiles, hawkish fed comments

Shares of U.S. oil and gas companies fall, tracking declining oil prices O/R

Brent Crude futures LCOc1 down 1.25% to $76.04/barrel and US West Texas CLc1 down 1.05% to $72.27/barrel, after data showed U.S. crude stockpiles rose by more than expected last week and hawkish remarks from the Federal Reserve chair

Energy major Exxon Mobil XOM.N down 1.8%

Oilfield services firms Halliburton HAL.N and SLB SLB.N down 0.7% each; Baker Hughes BKR.O down 1.16%

Refiners Phillips 66 PSX.N down 1.2% and Valero Energy VLO.N down 1.5%

Reuters reports Chevron CVX.N to lay off 15% to 20% of its global workforce, shares down 0.8% at $156.10