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Buzz-Moody's downgraded the U.S. credit rating, China's economic growth slowed, and oil company stock prices fell.

路透中文2025-05-19

BUZZ-<a href="https://laohu8.com/S/MCO">Moody's</a>Downgrade of US credit rating, China's economic growth slows down and oil companies' stock prices fall19 May-

Shares of U.S.-listed oil companies fell in pre-market trading, following the decline in oil prices.O/R.

** Brent Crude Oil FuturesLCOc1West Texas Intermediate crude oil fell 0.7% to $64.95 a barrel.CLc1Down 0.4% to $62.23 a barrel

Moody's downgraded the US sovereign credit rating.LinksFurthermore, official data shows that China's industrial output and retail sales growth have slowed.,Oil prices fell.

** Energy giantsChevronCVX.Nand ExxonXOM.NThey fell by 1.9% and 0.7% respectively.

** APA Corpwhat.oFall nearly 1%, Devon EnergyDVN.NConocoPhillips fell 1.4%.COP.NIt fell by 2%.

** Oilfield Services CompanyHalliburtonp.nand Baker HughesBKR.Odecreased by 1.2% and 1.8% respectively

** Refining CompanyValero EnergyVLO.NandMarathon OilMPC.Ndecreased by 1 respectively

(To facilitate non-native English speakers, Reuters has automatically translated its reports into several other languages. Because automated translations may be incorrect or fail to include the required context, Reuters does not guarantee the accuracy of the automated translations; they are provided solely for the convenience of readers. Reuters assumes no responsibility for any damages or losses incurred as a result of using the automated translation function.)

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