Exxon Mobil, Chevron, Marathon Shares Decline on Lower Crude Oil Prices
2022年7月6日 - 2:44AM
Dow Jones News
By Josh Beckerman
Exxon Mobil Corp. was down 5% to $83.12 as oil prices declined
Tuesday, while Chevron Corp. was 5% lower at $139.68.
Marathon Oil Corp. fell 8% to $20.74. On Tuesday, Goldman Sachs
lowered its Marathon price target to $25 from $29.
Contracts for Brent crude were recently down 10% to $102.33. The
decline has been attributed to factors including concerns about a
potential recession after recent data on consumer spending and
industrial orders.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
July 05, 2022 13:29 ET (17:29 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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