Financial·Reported by 11 outside sources·
Shares of major oil and gas exploration and production companies fell as crude prices retreated without company-specific news.
- Who
- ConocoPhillips, EOG Resources, Occidental Petroleum, SPDR S&P Oil & Gas Exploration & Production ETF (XOP), SPDR S&P 500 ETF Trust (SPY)
- Where
- United States
- When
- Why
- retreat in crude oil prices affecting exploration and production companies directly through realized price mechanics
via marketaux