Chevron is trading at $218.43, down 3.04%, in line with energy-sector weakness. - XLE is down 3.19% during the regular session. - Reuters reported Brent and WTI falling as investors weighed election results and prospects for U.S.-Iran diplomacy. - Broad U.S. indexes are higher; no clear company-specific announcement explains the drop. Chevron’s Iraq contract progress is a separate, potentially favorable development.