YPF Sociedad (YPF) Tumbles on Lower Oil Prices, US-China Trade Spat

Core Viewpoint - YPF Sociedad Anonima (NYSE: YPF) experienced a significant decline of 5.79% to $26.05 amid falling oil prices and escalating US-China trade tensions [1][4]. Oil Prices Impact - As of the latest update, Brent crude oil prices decreased by 0.13% to $62.31 per barrel, while West Texas Intermediate fell by 0.10% to $58.64 per barrel, negatively affecting the share prices of oil and gas firms like YPF [2]. - The decline in oil prices is attributed to general investor sentiment being dampened by China's investigation into US actions regarding its shipbuilding dominance [2][3]. Company Developments - YPF is scheduled to release its third-quarter earnings on November 10, during market hours, followed by a conference call to discuss the results [4].