BUZZ - Crude oil prices decline due to negotiations on diesel and crude oil inventory releases, causing US energy stocks to fall

October 2 - ** Affected by falling oil prices, shares of US-listed energy companies declined in pre-market trading O/R

** Brent crude oil futures LCOc1 fell 2.2% to $100.08 per barrel; US West Texas Intermediate crude oil CLc1 fell 3.4% to $89.40 per barrel

** Both major benchmark contracts are expected to record weekly declines, with Brent crude oil down about 4.1% for the week so far and WTI crude oil down about 3.2%

** Oil prices fell due to reports of talks regarding further releases of diesel and crude oil inventories (link), easing market concerns about global energy supply shortages

** Shares of major oil and gas giants ExxonMobil XOM.N and Chevron CVX.N both fell about 1%

** Occidental Petroleum OXY.N fell 1.2%, and ConocoPhillips COP.N fell 1.1%

** Oilfield service providers Halliburton (HAL.N) and SLB (SLB.N) fell about 1% and 1.7%, respectively

** Refining companies Marathon Petroleum MPC.N and Phillips 66 PSX.N dropped 1.6% and 1.5%, respectively

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