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OXY - Oil names mired in the red following crude swoon
Occidental Petroleum Corporation
Energy shares (NYSEARCA:XLE) have slipped to the bottom of the S&P sector standings as WTI crude futures plunge as much as 11% before settling -10.3% to $20.11/bbl (CL1:COM), as demand weakness exacerbated by efforts to stem the spread of COVID-19 offsets the production cut agreement among major oil producers.
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