JAKARTA (Yosefardi) – Nymex crude oil dropped further by 1% to US$93.59 per barrel Wednesday (November 5th), dragging down energy stocks worldwide.
ExxonMobil slipped 0.12% in New York, while BP and Total SA lost 0.24% in London and 1.34% in Paris respectively.
Also in New York, ConocoPhillips and Anadarko Petroleum fell 1% and 3.2%, while PetroChina and CNOOC Ltd lost 0.52% and 3.2% earlier in Hong Kong.
In the coal sector, Arch Coal and COnsol Energy down 2.6% each, while Peabody Energy, the world’s largest coal producer in private sector, lost 2.15% in New York.