Shares of Hess Corporation (NYSE:HES), Shell (NYSE:RDS-A), Oil States Intl., Inc. (NYSE:OIS), PetroQuest Energy (NYSE:PQ) and Schlumberger (NYSE:SLB) on Thursday as oil and gas were down on the day.
After the International Energy Agency expressed concerns about the effects of higher oil and gasoline prices on the global economy, oil fell in Thursday trading.
Benchmark crude for June delivery fell $1.63 to settle at $98.93 per barrel on the New York Mercantile Exchange.
June, heating oil fell 1.12 cents to settle at $2.8947 a gallon, gasoline dropped 2.95 cents to $2.926 a gallon and natural gas fell 10.5 cents to $4.161 per 1,000 cubic feet.
Hess Corporation (HES) closed Thursday at $78.08, gaining $0.89, or 1.15 percent.
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