🔴 Chevron is trading 3.15% down today after an unexpectedly large U.S. crude-inventory build

Chevron is trading 3.15% down at $210.92 as energy stocks retreat while crude prices ease ahead of the Federal Reserve’s September 16 decision.

• Oil fell after an unexpectedly large U.S. crude-inventory build.
• A stronger dollar and rate-hike expectations pressured the energy sector.
• Reuters reported Brent fell below $108 and WTI declined 1.5%; no fresh Chevron-specific negative catalyst was identified.