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Shares of Several Energy Companies Are Trading Lower Amid a Drop in Oil Prices Due to Macroeconomic Concerns Following Bearish Outlook From FedEx. An Economic Slowdown Could Drive a Drop in Oil Demand. A Tentative Agreement Between Railroad Companies and

Benzinga ·  Sep 16, 2022 12:51
Shares of several energy companies are trading lower amid a drop in oil prices due to macroeconomic concerns following bearish outlook from FedEx. An economic slowdown could drive a drop in oil demand. A tentative agreement between railroad companies and workers has also helped alleviate some supply concerns, further pressuring oil prices.
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