US Stock Market Move | Oil stocks broadly declined, with Occidental Petroleum Corporation (OXY.US) falling 5%.

date
22:53 16/09/2026
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GMT Eight
On Wednesday, oil stocks broadly declined, with Occidental Petroleum Corporation (OXY.US) falling 5% and ConocoPhillips (COP.US) dropping over 4%.
On Wednesday, oil stocks broadly declined, with Occidental Petroleum Corporation (OXY.US) falling 5%, ConocoPhillips (COP.US) dropping over 4%, Petroleo Brasileiro (PBR.US) and Exxon Mobil Corporation (XOM.US) falling 3%, and BP p.l.c. Sponsored ADR (BP.US) and Chevron Corporation (CVX.US) dropping over 2%. International crude oil prices continued to slide, with Brent crude falling below $107 per barrel, down 1.74% intraday.