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Tuesday is looking like a bad day to be invested in oil stocks, as downbeat news in the oil sector takes a toll on shares of oil majors ExxonMobil (NYSE: XOM), ConocoPhillips (NYSE: COP), and BP ...
NEW YORK (AP) — Wall Street pulled back from its records on Tuesday after the price of crude oil tumbled and technology stocks faltered. The S&P 500 fell 0.8%, a day after setting an all-time ...
Devon Energy's (NYSE: DVN) stock price has fallen nearly 30% from its 52-week highs. That drop roughly tracks along with the price declines in West Texas Intermediate crude, a key U.S. oil ...
NEW YORK (AP) — Stocks closed lower on Wall Street after another sharp slide for the price of crude dragged down big oil-and-gas stocks. The S&P 500 fell 0.4% Wednesday for its third straight ...
U.S. stocks fell sharply for a second straight session Tuesday as investors brace for June inflation data. Stock market live updates: Oil collapses, stocks slide ahead of inflation data [Video ...
U.S. stocks closed broadly higher Monday as gains by some Big Tech companies helped offset a skid in oil-and-gas stocks after the price of crude had its biggest drop in more than a year. The main ...
The biggest news of the week in energy was that Brent crude oil prices fell by 7% to $71.32 per barrel, which sent most energy stocks into a tailspin. The price drop was largely driven by the ...
Oil prices have been on a downward trajectory since peaking in April. WTI, the primary U.S. oil price benchmark, has fallen from more than $85 a barrel to its recent level of around $70.