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Rout in energy stocks resumes as oil slides again

02:50pm, Wednesday, 11'th Mar 2020
Energy stocks (XLE -3.3%) take their customary place at the bottom of the S&P 500 sector standings, with crude oil down another ~2% after Saudi Arabia unveiled plans to raise its production capaci
U.S. crude oil futures followed their largest percentage loss since 1991 with a 10% rebound, helped by reports that Russian had not ruled out measures with OPEC to stabilize oil markets.WTI April cru
The Trump administration is strongly considering pushing federal assistance for oil and natural gas producers (XLE +3.1%) hit by plummeting oil prices, the Washington Post reports.Federal assistance r

Stocks That Hit 52-Week Lows On Tuesday

12:00am, Tuesday, 10'th Mar 2020
America's days as a net petroleum exporter "may be numbered," as plunging oil prices threaten domestic production, Bloomberg writes.The U.S. only in recent months began exporting more oil than
Crude oil concludes its worst day since the 1991 Gulf War after Saudi Arabia slashed prices and promised to raise production.April WTI (NYSEARCA:USO) settled -24.6% to $31.13/bbl, the benchmark's seco
It's OK to be nervous these days, but it's not OK to panic. Serious dividend growth investors rarely sell a dividend aristocrat stock - unless. This too shall p
The Energy Select SPDR ETF (NYSEARCA:XLE) is -15.2% pre-market in the wake of a tumultuous weekend in which crude prices fell more than 20% amid a price war between Russia and Saudi Arabia.Among so
Energy sector stocks (XLE -5.6%) plunge after Russia shot down OPEC's plan to cut production by an additional 1.5M bbl/day in the wake of the coronavirus.Crude oil futures crash as much as 9%, with Ap

Stocks That Hit 52-Week Lows On Friday

04:22pm, Friday, 06'th Mar 2020
Friday morning, 940 companies set new 52-week lows. Interesting Points: The largest company by market cap to set a new 52-week low was Bank of America (NYSE: BAC). The...
Crude oil futures (USO -7.3%) extend losses, falling as much as 6.5% with OPEC+ talks said to be on the verge of collapse; April WTI -5.7% to $43.27/bbl, May Brent -5.6% to $47.18/bbl.Russia reportedl
Crude oil prices (NYSEARCA:USO) popped higher following a Bloomberg report that OPEC ministers agreed to cut production by a larger than expected 1.5M bbl/day in response to the coronavirus, citing de
Crude oil futures (NYSEARCA:USO) turn negative following a WSJ report that Russia is still resisting Saudi Arabia's plan to deepen OPEC+ production cuts by 1.2M bbl/day despite pressure from the coron
Goldman Sachs forecasts global oil demand will shrink 150K bbl/day this year, including a global demand loss of 2.1M bbl/day in H1, and cuts its price forecast for Brent crude (NYSEARCA:BNO) to $47/bb
Crude oil prices pare earlier advances as OPEC's joint technical committee reportedly recommends the group cut crude production by 600K bbl/day in Q2 and extending existing cuts to the end of the year
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