Occidental Petroleum Stock Slides Monday: What's Going On?
Occidental Petroleum shares are trading lower Monday as crude oil prices retreat amid easing concerns over Middle Eastern supply disruptions.
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Why It Matters
Oil prices dropped because people worry less about Middle East problems. When oil prices fall, oil companies like Occidental make less money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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