Oil prices fell 5%, causing a sharp drop in pre-market shares of U.S. energy companies. Occidental Petroleum (OXY.N) fell 3.1%, ConocoPhillips (COP.N) fell 2.6%, Halliburton (HAL.N) fell 4.1%, Schlumberger (SLB.N) fell 2.9%, ExxonMobil (XOM.N) fell 1

2026-02-02

Oil prices fell 5%, causing a sharp drop in pre-market shares of U.S. energy companies. Occidental Petroleum (OXY.N) fell 3.1%, ConocoPhillips (COP.N) fell 2.6%, Halliburton (HAL.N) fell 4.1%, Schlumberger (SLB.N) fell 2.9%, ExxonMobil (XOM.N) fell 1.5%, and Chevron (CVX.N) fell 1.7%.