Following the signing of a memorandum of understanding between the US and Iran, US oil and gas stocks generally fell, with ExxonMobil (XOM.N) down 5.6%, Chevron (CVX.N) down 4.4%, Occidental Petroleum (OXY.N) down 5.4%, and ConocoPhillips (COP.N) dow

2026-06-15

Following the signing of a memorandum of understanding between the US and Iran, US oil and gas stocks generally fell, with ExxonMobil (XOM.N) down 5.6%, Chevron (CVX.N) down 4.4%, Occidental Petroleum (OXY.N) down 5.4%, and ConocoPhillips (COP.N) down 4.9%.