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Oil Stocks Fell with Oil Prices

Tiger Newspress2022-03-28

Oil stocks dropped in morning trading. Occidental, Callon, Halliburton, Schlumberger, Marathon, BP, Continental Resources, ConocoPhillips and Exxon Mobil fell between 1% and 5%.

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Comment15

  • Jialatsia
    ·2022-03-29
    Meep
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  • 苗派
    ·2022-03-29
    Oil down is good news for consumer 😊
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  • DragonKC
    ·2022-03-29
    Oil drops, stocks rise. Use less oil please. 
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  • CL777
    ·2022-03-29
    More to drop 
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  • Bspn
    ·2022-03-29
    Ok
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  • RichyRick
    ·2022-03-29
    Good news
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  • vaicrazy
    ·2022-03-29
    Ok
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  • PearlynCSY
    ·2022-03-29
    Oil slides more than 8% as Shanghai lockdown prompts demand fears. China is the world’s largest oil importer, so any slowdown in demand will weigh on prices. The nation uses around 15 million barrels per day, and imported 10.3 million barrels per day in 2021. Nevertheless, with the reopening of borders and resumption of travels and hospitality industry, oil prices are likely to remain elevated. At the start of the year, crude oil was only at $76. Now it is around $104. The Ukraine crisis has also added to more supply uncertainty.
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  • SPOT_ON
    ·2022-03-29
    Like 👍 
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  • hlw8888
    ·2022-03-29
    oil surge lose momentum?
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  • kukumolu
    ·2022-03-28
    Short
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  • DJBoy
    ·2022-03-28
    Hmm
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  • RatLynn
    ·2022-03-28
    👍🏻
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  • Tiga3
    ·2022-03-28
    Drop further please
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  • krng
    ·2022-03-28
    Reply
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