Current /CL:NMX Stock Info

On Monday, U.S. crude oil, reacting to a less worrisome geopolitical climate in Iraq and Ukraine, fell to its lowest level since January at $92.66 for October delivery.

Monday’s “biggest decliners in the S&P 500 were oil drilling and exploration companies, which rely on high oil prices to justify pulling crude oil out of remote parts of the planet. Newfield Exploration (ticker: NFX, Nabors Industries (ticker: NBR), EOG Resources (ticker: EOG) all fell 3 percent or more,” the AP reported.

But in early trading on Tuesday, oil had rebounded,...

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