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Falling oil prices mean cheap oil stocks. But one of these stocks is cheaper than the others.
West Texas Intermediate crude oil was higher by 1.02% to $68.36 a barrel. Brent crude , the international benchmark, rose 0.68% to $72.09 a barrel. Gold was down 0.85% to $2,672.00 an ounce.
Stock market news live updates: Stocks crater, Dow hits 2022 low, and oil plunges as Fed and growth fears roil markets. ... futures settling nearly 6% lower at $78.74 per barrel.
Chevron was previously a Dow component from July 18, 1930, to November 1, 1999. During Chevron's absence, its split-adjusted price per share went from $44 to $85, while the price of petroleum rose from $24 to $100 per barrel. [12] On September 22, 2008, Kraft Foods Inc. replaced American International Group (AIG) in the index. [13] [14]
Shell Oil (RDS.A) closed at $43.68 in the latest trading session, marking a -0.77% move from the prior day.
West Texas Intermediate crude oil was higher slightly by 0.18% to $68.30 a barrel. Brent crude, the international benchmark, was up 0.43% to $71.85 a barrel. Gold was down 0.59% to $2,652.30 an ounce.
West Texas Intermediate crude oil decreased 3.32% to $73.39 a barrel. Brent crude , the international benchmark, dropped 2.61% to $76.76 a barrel. Gold was lower by 1.03% to $2,533.90 an ounce.
Stock market news live updates: Dow falls sharply as Wall Street's big banks report profit drops. ... with West Texas Intermediate Crude Oil (WTI) futures rising 1.6% to trade above $81 per barrel.