Why Chevron Stock Dropped Again Monday

Oil prices crashed again Monday morning, with Brent crude futures falling 5.6% and WTI down 5.9% through 10:50 a.m. As you'd expect, oil stocks are following oil prices lower, with Chevron Corp (NYSE: CVX) stock down 3.1% -- but here's the thing: A 3.1% drop in Conoco stoc