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Why ConocoPhillips Stock Dropped on Monday


Oil prices dipped in Monday trading, with Brent crude falling 4.7% to about $66 a barrel and WTI crude down nearly 5% to just under $62.

ConocoPhillips (NYSE: COP) stock slipped 2.5% through 10:30 a.m. ET Monday, following the price of oil lower.

Image source: Getty Images.

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Source Fool.com

ConocoPhillips Stock

€99.31
0.690%
ConocoPhillips gained 0.690% compared to yesterday.
The stock is one of the favorites of our community with 85 Buy predictions and 1 Sell predictions.
With a target price of 105 € there is a slightly positive potential of 5.73% for ConocoPhillips compared to the current price of 99.31 €.
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