Shares of oil and gas companies are trading lower following a build in US crude inventories.
Portfolio Pulse from Benzinga Newsdesk
Oil and gas company shares are declining due to an increase in US crude inventories.
October 23, 2024 | 7:26 pm
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NEGATIVE IMPACT
ASC shares are likely affected by the increase in US crude inventories, leading to a decline in stock price.
ASC, being an oil and gas company, is impacted by the overall sector trend of declining stock prices due to increased crude inventories.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
MPC shares are likely affected by the increase in US crude inventories, leading to a decline in stock price.
MPC, being an oil and gas company, is impacted by the overall sector trend of declining stock prices due to increased crude inventories.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
NEGATIVE IMPACT
WDS shares are likely affected by the increase in US crude inventories, leading to a decline in stock price.
WDS, being an oil and gas company, is impacted by the overall sector trend of declining stock prices due to increased crude inventories.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50