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Friday, 19 April 2024

Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks

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Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks
Monday Sector Laggards: Oil & Gas Exploration & Production, Oil & Gas Refining & Marketing Stocks

In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 4.3%.

Helping drag down the group were shares of Cnooc Limited, off about 15.9% and shares of Sasol down about 11.5% on the day.

In trading on Monday, oil & gas exploration & production shares were relative laggards, down on the day by about 4.3%.

Helping drag down the group were shares of Cnooc Limited, off about 15.9% and shares of Sasol down about 11.5% on the day.

Also lagging the market Monday are oil & gas refining & marketing shares, down on the day by about 3.7% as a group, led down by Clean Energy Fuels, trading lower by about 11.2% and Cvr Energy, trading lower by about 7.7%.

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