Here is Why Murphy Oil Corporation (MUR) Fell This Week

Core Viewpoint - Murphy Oil Corporation's share price experienced a significant decline of 12.09% from October 3 to October 10, 2025, primarily due to a downturn in global crude oil prices and geopolitical tensions [1][3]. Group 1: Company Overview - Murphy Oil Corporation (NYSE:MUR) is engaged in the drilling and production of oil and natural gas from over 100 blocks in the deepwater Gulf of America [2]. Group 2: Market Conditions - The recent drop in Murphy Oil's stock price is attributed to a decrease in WTI oil prices, which fell to a multi-month low of below $60 per barrel [3]. - The decline in oil prices is linked to the escalating trade war between China and the United States, with China imposing strict controls on rare earth mineral exports and the U.S. threatening higher tariffs on Chinese imports [3]. Group 3: Analyst Ratings and Financial Actions - Scotiabank raised its price target for Murphy Oil from $26 to $30 while maintaining a 'Sector Perform' rating on the shares [4]. - Murphy Oil Corporation declared a quarterly dividend of $0.325 per share, consistent with previous dividends [4].