---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/41155551.md"
description: "Occidental Petroleum and CNOOC both fell more than two percentage points following the weakness in crude oil, with oil and gas stocks giving back gains before dividend payouts; the 2x short crude oil ETF rose more than four percentage points, with inverse instruments capturing this wave of decline.Is this round of oil price decline a normal retracement due to the fading of Middle East geopolitical premiums, or a signal of weakening demand? It looks more like the former—it's normal for oil prices to give back gains at high levels when geopolitical risk pricing recedes. The fundamentals and dividend foundation of oil and gas stocks haven't changed. Holding for dividends in this position is more cost-effective than chasing shorts."
datetime: "2026-05-27T10:22:36.000Z"
locales:
  - [en](https://longbridge.com/en/topics/41155551.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/41155551.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/41155551.md)
author: "[小福福](https://longbridge.com/en/profiles/27248403.md)"
---

# Occidental Petroleum and CNOOC both fell more than…


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