Marathon Oil shares are trading lower amid a drop in oil.
Portfolio Pulse from Benzinga Newsdesk
Marathon Oil shares are trading lower due to a drop in oil prices.
June 22, 2023 | 3:44 pm
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NEGATIVE IMPACT
Marathon Oil's stock price is negatively impacted by the decline in oil prices.
Marathon Oil is an oil company, and its stock price is directly affected by fluctuations in oil prices. As oil prices drop, the company's revenue and profitability may decrease, leading to a decline in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100