MARKETS: Saudis send crude oil plunging 4%—'likely' to increase production
Yahoo Finance's Jared Blikre joins Seana Smith from the floor of the New York Stock Exchange to discuss the latest market moves. Performance of the components of the S&P 500 energy sector (XLE) as of 1:25 pm ET: ANDV Andeavor -2.03% APA Apache Corp -5.21% APC Anadarko Petro -2.94% BHGE Baker Hughes a GE Co Cl A -3.28% CHK Chesapeake Energy Corp -8.79% COG Cabot Oil & Gas Corp -0.07% COP ConocoPhillips -5.05% CVX Chevron Corp -4.04% CXO Concho Res Inc -1.73% DVN Devon Energy -3.86% EOG EOG Res -2.57% EQT Equitable Res -2.34% FTI TechnipFMC plc -3.67% HAL Halliburton Co -4.97% HES Hess Corp -4.66% HP Helmerich & Payne -5.43% MPC Marathon Petro Corp -2.78% MRO Marathon Oil Corp -4.45% NBL Noble Energy -3.96% NFX Newfield Exploration -5.79% NOV National Oilwell Varco Inc -3.26% OKE Oneok Inc -1.18% OXY Occidental Petro -2.44% PSX Phillips 66 -3.00% PXD Pioneer Natural Res -2.63% RRC Range Res -2.12% SLB Schlumberger Ltd -4.03% VLO Valero Energy -2.89% WMB Williams Companies -0.99% XEC Cimarex Energy -3.12% XOM Exxon Mobil -2.52%
