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Oasis Petroleum (OAS) Stock Retreating Amid Lower Oil Prices

NEW YORK (TheStreet) -- Shares of Oasis Petroleum (OAS - Get Report) are down by 3.26% to $9.50 on Monday afternoon, as some energy and related stocks fall today due to the decline in the price of oil.

Crude Oil (WTI) is sliding by 2.33% to $42.71 per barrel and Brent crude is dipping by 1.24% to $44.55 per barrel this afternoon.

Oasis Petroleum is a Houston-based independent exploration and production company focused on the acquisition and development of unconventional oil and natural gas resources.

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