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Oil Stocks Hammered as OPEC Maintains Production Target, Airlines Gain (XOM) (BP) (LUV) (HAL)

November 28, 2014 6:56 AM EST

Oil services stocks, E&Ps, and related names are poised to open sharply lower Friday after OPEC's surprise decision yesterday to maintained its oil production target (more here).

Decliners include Halliburton (NYSE: HAL), Baker Hughes (NYSE: BHI), Schlumberger Ltd. (NYSE: SLB), BHP Billiton Ltd. (NYSE: BHP), ExxonMobil (NYSE: XOM), Noble Energy (NYSE: NBL), Occidental Petroleum (NYSE: OXY), Transocean (NYSE: RIG), BP plc (NYSE: BP), Statoil (NYSE: STO), Vale S.A. (NYSE: VALE), Petrobras (NYSE: PBR),Chevron (NYSE: CVX), Hess Corporation (NYSE: HES), Apache Corp. (NYSE: APA), Anadarko Petroleum (NYSE: APC), Cameron International Corp. (NYSE: CAM), and others.

Airlines including Southwest Airlines (NYSE: LUV), American Airlines Group (NASDAQ: AAL), United Airlines (NYSE: UAL), JetBlue Airways (NASDAQ: JBLU), and Delta Air Lines (NYSE: DAL) are poised to open higher.



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