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How Well XOM, CVX, Shell, and BP Stocks Correlate with Oil Prices

How Well XOM, CVX, Shell, and BP Stocks Correlate with Oil Prices

How Are XOM, CVX, Shell, and BP Trending in Q2 2018? In the previous article, we evaluated ExxonMobil’s (XOM), Chevron’s (CVX), Royal Dutch Shell’s (RDS.A), and BP’s (BP) stock performances. Now let’s see if the correlation coefficients show the same pattern.