Crude oil hit two-month low while OK energy stocks suffered again

Crude oil prices on Tuesday dropped nearly 2% to a two-month low following weak economic news in the U.S. and Germany.

The news added to fears of slower energy demand. WTI hit its lowest lowest close since December 10 and Brent marked its since December 23.

West Texas Intermediate fell $1.77 or 2.5% to $68.93 a barrel on the New York Mercantile Exchange.

Brent crude dropped $1.76 or 2.4% to finish at $73.02 a barrel.

Tuesday proved to be another negative territory day for Oklahoma energy stocks. Devon Energy dropped 4%. So did Stardust Power. Three percent declines were recorded by a number of other companies.