- The energy sector has this year emerged as the best-performing of all 11 U.S. market sectors.
- Oil prices appear to have stabilized in the upper 60s.
According to an article published in Oil Price, after having a year to forget in 2020, the energy sector has this year emerged as the best-performing of all 11 U.S. market sectors.
Broadening the MarketEnergy Select Sector SPDR ETF(NYSEARCA:XLE) is up 41% in the year-to-date, making the broader market S&P 500’s 11% gain appear downright anemic. Oil...
https://mfame.guru/effects-of-shale-recovery-in-oil-markets/