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News  ›  Benzinga

Oil Falls To $55 And Energy Stocks Suffer Worst Day Since April

Benzinga Logo Benzinga By Piero Cingari
Oil Falls To $55 And Energy Stocks Suffer Worst Day Since April

Oil and gas stocks experienced significant declines as crude prices dropped to near five-year lows, driven by potential Russia-Ukraine peace negotiations and weakening market demand signals.

Insights
PSX   negative

Worst performer with -6.57% stock decline due to overall energy sector downturn