American oil company's stock price fell in pre-market trading.

date
17/04/2026
The Iranian Foreign Minister stated that the Strait of Hormuz will remain fully open during the remaining ceasefire period, causing pre-market declines in the stock prices of American oil companies. Diamondback Energy stocks fell by 3.6%, Devon Energy stocks fell by 3.7%, and Western Oil stocks fell by 4.6%. Exxon Mobil stocks dropped by 2.8%, Chevron by 2.6%, and ConocoPhillips by 3.6%. Schlumberger fell by 2.3%, Halliburton by 2.6%, and APA Group by 2.5%.