Oil Prices and Gas Rates Decline Amid Market Trends
Oil Prices and Gas Rates Decline Amid Market Trends
Oil Prices and Gas Rates Decline Amid Market Trends
News summary

Oil prices have been driven down by various factors including OPEC+ production plans and a potential increase in Libyan production, with West Texas Intermediate crude falling to $69.37 a barrel. Gas prices have fallen in New Mexico, with the state average dropping 10 cents to $3.19 per gallon, remaining below the national average of $3.36. In the stock market, ONGC shares dropped by 1.53% to ₹306.7, and overall energy stocks also saw declines, with the NYSE Energy Sector Index decreasing by 0.7%. Despite these trends, some companies like Noble have expanded their operations, completing a significant acquisition.

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10 days ago
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