Markets were mixed, but an emerging trend might run into this brick wall.
News & Analysis: Energy Select Sector SPDR
The end of a weak summer-driving season, still-high inventories, and the threats of more foreign oil coming online are sending crude benchmarks lower.
Only the Nasdaq managed to post gains on the day.
The oil industry is being affected in ways that may prove permanent. Invest accordingly.
Many investors are still looking at oil stocks for big returns when the economy starts to rebound. Here are some important things you could be overlooking.
Gasoline and jet fuel consumption continues to fall while oil production continues flooding the market.
The market finished the week at its lows.
A big jump in Coronavirus cases around the world is creating turmoil in an oil market that's already oversupplied.
Two major global crude oil benchmarks have lost 7% of their value in four trading sessions on concerns over global oversupply and falling demand.
If you're expecting a rebound in the oil patch, here are some ways to play it.