This morning, most of the leading energy stocks are declining lower at the start of the trading session.
Some other leading energy stocks that are coming under selling pressure include Chevron Corp (NYSE:CVX), ConocoPhillips (NYSE:COP), and Devon Energy (NYSE:DVN). The energy sector accounts for roughly 16.0 percent of the S&P 500 Index. Traders should also note that the energy sector will generally trade inverse to the U.S. Dollar Index. Today, the U.S. Dollar Index is trading slightly higher on the session.