Crude Oil Continues to Slide Monday, June 27, 2:41 PM ET
Crude oil futures are continuing to slide today, much to the relief of summer vacationers looking forward to a Fourth of July weekend road trip.
Oil is trading at about $90 a barrel Monday, as investors wait to see whether Greek debt reduction measures will be approved late in the week, and the dollar index is mainly flat.
The DB Oil Fund (
DBO) is trading down about .7% Monday.
The iShares Dow Jones U.S. Energy Sector Index Fund (
IYE) is trading up just a penny.
The top stock in the portfolio, Exxon Mobil (
XOM), is trading up .8%, while #2 holding, Chevron ( CVX), trades up about 1%.
Third-largest holding Schlumberger (
SLB) is trading down about .5% Monday, while other top holding ConocoPhillips ( COP) trades up about .3%, and Occidental Petroleum ( OXY) trades down .1%.
For MarketNewsVideo.com, Iím Kristin Bianco.
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Crude Oil Continues to Slide
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