ENVIRONMENT

Falling oil prices is hurting energy names. But plenty of others stocks stand to gain

An oil rig in front of a sunset
Andrey Rudakov | Bloomberg | Getty Images

U.S. crude prices continued to fall Wednesday, settling below $70 per barrel for the first time since early July and at their lowest levels since June. That’s good news for the Federal Reserve in its battle against inflation. While the impact on oil and natural gas stocks has not been as cheery, companies across many other industries stand to gain.