Oil majors' stocks tumble in global selloff sparked by recession fears

Chevron, ExxonMobil, ConocoPhillips all down in early trading

Specialist Gregg Maloney works at his post on the floor of the New York Stock Exchange on Monday, 5 August 2024. Nearly everything on Wall Street is tumbling as fear about a slowing US economy worsens and sets off another sell-off for financial markets around the world.
Specialist Gregg Maloney works at his post on the floor of the New York Stock Exchange on Monday, 5 August 2024. Nearly everything on Wall Street is tumbling as fear about a slowing US economy worsens and sets off another sell-off for financial markets around the world.Photo: AP/SCANPIX
Published 5 August 2024, 15:32Updated 5 August 2024, 20:05
ExxonMobilChevronOccidentalConocoPhillipsMarathon Oil