Bloomberg | Oil Slides as Stock Markets Crumble, Shale Drilling Accelerates Bloomberg The S&P 500 Energy Index slumped more than 6 percent last week after Exxon Mobil Corp. and Chevron Corp., the two largest U.S. oil explorers, both missed Wall Street's profit and output forecasts, spurring a stock sell-off among investors. European ... After a steady rise, oil prices are now dropping sharply Oil slides on recent dollar rise, dip in physical prices Higher Oil Prices Are Bad News For India |