BUZZ - As tensions between the US and Iran ease, US energy stocks decline and oil prices come under pressure

October 26 - ** Against the backdrop of rising oil prices, US energy company stocks fell in pre-market trading O/R

** Brent crude oil futures LCOc1 fell 1.3%, quoted at $115.1 per barrel; US West Texas Intermediate crude CLc1 dropped 2.1%, quoted at $101.2 per barrel

** Oil prices (link) fell back after surging last week, but remain near six-month highs as US-Iran tensions are expected to ease; however, continued attacks targeting major oil producer Saudi Arabia keep investors on alert

** Shares of major oil and gas companies Exxon Mobil XOM.N and Chevron CVX.N fell 1.2% and about 1%, respectively

** Occidental Petroleum (OXY.N) and ConocoPhillips (COP.N) dropped 1.4% and 1.3%, respectively

** Refiners Marathon Petroleum (MPC.N) and Valero Energy (VLO.N) fell 2.9% and about 1%, respectively

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