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Crude Oil Slump Pressures Transocean and Industry Peers

Shares of the Swiss offshore driller slipped Monday as oil prices dipped sharply.

Shares of Swiss offshore driller Transocean (RIG) , a member of Real Money's Stressed Out watch list, were down in Monday's trading session. The company was hammered by a slip in crude-oil prices, which fell as analysts have begun to raise concerns that U.S. stockpiles may be greater than some investors expect. Meanwhile, fellow Stressed Out member Marathon Oil (MRO) also saw its shares drop Monday, reversing much of last week's gains for the Houston oil and gas exploration company. But oil has nonetheless been rallying so far in 2016, with prices up about 27 percent on the year, based on U.S. benchmark West Texas Intermediate. And shares of Transocean are down about 19 percent over the period.

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