US Stock Market Move | Oil stocks fall, Apache Corporation (APA.US) falls more than 3%.
On Thursday, oil stocks fell across the board.
On Thursday, oil stocks fell across the board, with Apache Corporation (APA.US) and Murphy Oil Corporation (MUR.US) dropping more than 3%, and Occidental Petroleum Corporation (OXY.US), ConocoPhillips(COP.US), and Chevron Corporation(CVX.US) falling more than 2%. On the news front, oil prices hit their lowest level since the outbreak of war after the US-Iran ceasefire agreement, with Brent crude futures plunging more than 3% to $77.02 per barrel and WTI crude futures falling 3.6% to $73.27 per barrel.
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