Tiger Newspress2022-07-21
Oil stocks slid in morning trading. Exxon Mobil, Chevron, Total SA, BP, Occidental, Marathon, Callon, Schlumberger, Halliburton and ConocoPhillips fell between 2% and 7%.
Oil prices fell by more than $5 on Thursday after higher U.S. gasoline stockpiles and an ECB rate hike stoked demand worries and returning oil supply from Libya eased supply concerns.
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