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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

€100.74
-4.360%
ConocoPhillips took a tumble today and lost -€4.580 (-4.360%).
The stock is one of the favorites of our community with 87 Buy predictions and 1 Sell predictions.
With a current price of 100.74 € ConocoPhillips is right around the predicted target price of 101 €.
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