Energy stocks fall as US fuel stock builds put focus on demand

S&P 500 Energy index .SPNY down 0.9%, tracking decline in crude prices O/R

Brent crude futures LCOc1 down 1.1% at $67.95/barrel and U.S. West Texas Intermediate crude futures CLc1 fall 1.2% to $65.70/barrel

Crude prices decline as large U.S. fuel inventory builds added to demand worries stemming from the wider economic impact from U.S. tariffs

The Energy Information Administration (EIA) says U.S. crude stocks fell, while gasoline and distillate inventories rose last week

Both energy majors Chevron CVX.N and Exxon Mobil XOM.N down marginally

Valero Energy VLO.N, Targa Resources TRGP.N, Phillips 66 PSX.N and APA Corp APA.O decline between 2.6% and 3.5%; among the top percentage losers on the energy index

Oilfield services companies Baker Hughes BKR.O down 1.2%, Halliburton HAL.N dips 1.4% and SLB SLB.N falls 1.8% respectively

Refiners Marathon Petroleum MPC.N down 1.5% and HF Sinclair DINO.N fall 2.8%