Energy Down With Oil on Production, Trade-War Fears -- Energy Roundup

03/01/18 04:20 PM EST

Shares of oil and gas companies fell alongside oil futures amid fears that U.S. production was rising and a trade war was brewing. Exxon Mobil is ending ambitious Arctic projects with Russia's state-controlled energy giant Rosneft because of international sanctions on Moscow, abandoning a deal brokered by its former chief executive, Secretary of State Rex Tillerson. Separately, Russian President Vladimir Putin made a hawkish speech, drawing attention to new nuclear capabilities.


-Rob Curran,


(END) Dow Jones Newswires

March 01, 2018 16:20 ET (21:20 GMT)

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