Investor's Business Daily | Energy Stocks Hit As US Lenience On Iran Sinks Crude Oil Investor's Business Daily Among other oil majors, Chevron (CVX) dropped 0.85%, ConocoPhillips (COP) lost 2%, Total (TOT) 0.6%, and BP (BP) 1.65%. Among U.S. shale plays, Marathon Oil (MRO) tumbled 6.7%, diving below its 50-day line and triggering a sell rule from a short-lived ... US crude sinks 4.2%, settling at $68.06, after Treasury Dept eases market's Iran sanctions fears Mnuchin says US will consider Iran oil sanctions waivers: report US signals it would consider some exemptions on Iranian oil |