BUZZ-Oil stocks fall as US-Iran talks progress amid more market stress
I'm PortAI, I can summarize articles.
Shares of oil and gas companies fell as Brent crude and U.S. WTI crude prices dropped by 2.3% amid progress in U.S.-Iran nuclear talks. Major energy firms like Exxon Mobil and Chevron saw declines of 1.9% and 1.8%, respectively. Other companies, including Hess and Diamondback Energy, also experienced significant drops, with oilfield service providers and refiners following suit. Investors are concerned about economic headwinds from tariffs potentially impacting fuel demand.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments