Wall St. falls as oil prices tumble to seven-month lows

Oil prices nosedived to seven-month lows after news of increases in supply by several key producers, a trend that has undermined attempts by OPEC and other producers to support the market through reduced output. Oil majors Chevron (CVX.N) and Exxon (XOM.N) were down about 1.5 percent and were among the biggest drags on the Dow and S&P. Both oil benchmarks - U.S. crude and Brent - are down more than 15 percent since late May, raising concerns that prices could fall further in the near-term.

https://finance.yahoo.com/news/stock...html?.tsrc=rss