Oil stocks fall on report OPEC+ discussing further output hikes

S&P 500 energy index .SPNY down 1.5%, tracking a fall in oil prices O/R

Brent crude futures LCOc1 down 1.5% at $63.95/barrel; U.S. West Texas Intermediate crude futures CLc1 down 1.5% at $60.66/barrel

Oil prices dipped after Bloomberg News reported OPEC+ is discussing a production increase for July, stoking concerns that global supply could exceed demand growth

Top oil and gas majors: Exxon Mobil XOM.N and Chevron CVX.N down ~1%

Diamondback Energy FANG.O, EOG Resources EOG.N, Occidental Petroleum OXY.N, Valero Energy VLO.N, and Phillips 66 PSX.N down between 1.1% and 3.1%; among the top percentage losers on the energy index

Oilfield services companies SLB SLB.N and Halliburton HAL.N both down 1.8%

Refiners HF Sinclair DINO.N down 1.4%