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Due to a decline in oil prices by over 2%, the stock prices of American oil companies dropped in pre-market trading. Schlumberger's stock price fell by 1.6%, Halliburton's stock price fell by 2.5%, and Occidental Petroleum's stock price fell by 3.7%. ExxonMobil's stock price declined by 3.1%, Chevron's stock price fell by 2.6%, and ConocoPhillips' stock price fell by 2.6%.
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