Energy Stocks Lead An Early Decline As Oil Sinks

US stocks open lower, led by a decline in the energy sector as the price of oil falls again

Topics:  energy   stocks   decline   oil   
BING NEWS:
  • Oil edges lower after jump in US gasoline stocks, OPEC+ supply decision in focus
    Oil prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the nation's Thanksgiving holiday sparked worry over demand in the top consumer of the motor ...
    11/27/2024 - 1:35 pm | View Link
  • Dow Falls Over 100 Points; US Crude Oil Stocks Decline
    U.S. stocks traded lower midway through trading, with the Dow Jones index falling more than 100 points on Wednesday. The Dow traded down 0.24% to 44,750.49 while the NASDAQ fell 0.96% to 18,991.03.
    11/27/2024 - 3:51 am | View Link
  • Brent Crude
    Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands. There are also rumors that Trump may confront the IEA around their focus ...
    11/26/2024 - 4:59 am | View Link
  • Analysts See 500,000-Barrel Decline in U.S. Crude Oil Stockpiles
    Commercial crude stocks are seen down by 500,000 barrels at 429.8 million barrels for the week ended Nov. 22, according to the average estimate of eight analysts and traders. Five expect a decrease ...
    11/26/2024 - 4:20 am | View Link
  • XLE: Trump SPR Refill And Geopolitical Risk Point To Oil Rally In 2025
    Since most Energy Select Sector Fund constituents are focused on the NA oil market, upside is possible if Asian oil export capacity is harmed due to war. Learn more on XLE ETF here.
    11/20/2024 - 4:17 am | View Link
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