The World's Oil Giants Are Getting Crushed
On Thursday, oil prices crashed.
And now, on Friday, shares of oil companies around the world are following suit.
Here are some of the biggest losers in early trade Friday:
BP (BP), down 4%
Royal Dutch Shell (RDS.A), down 6%
Total (TOT), down 7%
Statoil (STO), down 13%
Exxon Mobil (XOM), down 3%
ConocoPhillips (COP), down 6%
Marathon Oil (MRO), down 11%
Occidental Petroleum (OXY), down 7%
Anadarko Petroleum (APC), down 8%
Linn Energy (LINE), down 13%
Whiting Petroleum (WLL), down 18%
Oasis Petroleum (OAS), down 27%
Kodiak Oil & Gas (KOG), down 17%
And this list goes on.
All areas of the oil space, from international behemoths like BP, to state-controlled companies like Statoil, to US shale producers like Whiting and Kodiak
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