Battered by successive price crashes, facing mounting public scrutiny, and shoved aside by ascendant tech companies like Facebook and Google parent Alphabet, the power wielded by oil companies in the US is rapidly waning. In 2007, 12 of the 100 largest companies in the S&P 500 by market capitalization were oil companies.
Today, there are just two.
"Oil" - Google News
June 21, 2020 at 09:13PM
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Where oil and gas companies fall in the S&P 500, charted - Quartz
"Oil" - Google News
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