98, down from $84 last week. This decline has affected energy stocks, with Chevron and ExxonMobil trading lower despite recent strong earnings. Energy production stocks have also decreased, although some energy service stocks saw gains on Tuesday.

The price drop comes amid ongoing developments in international relations, with potential implications for the energy market. Further details on the current situation and its impact on the energy industry are available from the Odessa American. Readers can find more information on the recent timeline of events and their effects on local and global energy markets.