Shares of energy companies fell after weak earnings from British oil major BP. BP's profit tumbled in the third quarter as weak oil prices and refining margins weighed.

Exxon Mobil and Chevron continued to retreat ahead of earnings later in the week.

Chinese state-controlled oil producer PetroChina posted lower profit and revenue in the third quarter, rounding out mixed results for China's big three oil companies. PetroChina, refiner Sinopec and offshore driller CNOOC all flagged slower demand and weaker crude prices in the world's second-largest economy in reports this week.

Austrian energy producer OMV's third-quarter earnings tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

10-29-24 1800ET