Shares of the major integrated oil producers traded lower today following news that Exxon Mobil XOM is suspending operations with Russian state-owned oil company Rosneft due to sanctions.
Shares of other major integrated oil companies fell in concern, with share prices reflected below:
Exxon Mobil XOM: 94.43 down 1.05 percent
Chevron CVX 120.55 down 0.76 percent
Conoco Phillips COP 77.84 down 0.36 percent
Occidental Petroleum OXY 97.23 down 1.14 percent
The drop in oil producers came despite a rally of nearly 1 percent in the price of crude oil on the day.
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