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After a huge bounce last quarter, energy is struggling again as coronavirus keeps spreading. The SPDR Energy ETF (XLE) fell 9 percent between June 30 and Thursday's close. That makes it the worst-performing sector this quarter by a huge margin. It also contrasts with...
Trading volumes surged across the energy space yesterday after a drone attack clobbered the heart of Saudi Arabia's oil industry. Crude oil futures (@CL) traded more than 1.3 million contracts, the busiest session in at least a decade. Several other securities...
The bears may be coming back to energy stocks as oil falters. The SPDR Energy ETF (XLE) fell 2 percent yesterday to its lowest close since March 8. It's also the worst-performing major sector fund in the last week, down almost 4 percent. Several negative factors are...