After oil prices had been steadily rising recently, they pulled back on Monday, pushing down the share prices of giant energy companies like Anadarko (NYSE:APC), Halliburton (NYSE:HAL) and Apache Corp (NYSE:APA).
On the New York Mercantile Exchange, crude oil fell 3.3 percent or $3.77 to $109.04 a barrel. Reformulated blendstock gasoline prices was down 0.6 cents to $3.1945 a gallon.
According to AAA, the national average price of unleaded gasoline rose to $3.77 a gallon Monday from $3.761 on Sunday.
Apache Corp closed Monday at $126.25, falling $3.91, or 3.00 percent. Halliburton closed at $46.93, down $1.20, or 2.49 percent. Anadarko closed at $81.11, dropping $3.60, or 4.25 percent.
Tuesday, April 12, 2011
Halliburton (HAL) (APC) (APA) Down as Oil Prices Fall
Labels:
Anadarko Petroleum,
Apache Corp,
Crude Oil,
Gasoline Prices,
Halliburton
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