Fund Managers Move Away From Defensive Sectors and Rotate Into Cyclicals
Sector Update: Energy Stocks Decline Premarket Tuesday
"Oil spokespersons" collectively turn pessimistic! IEA warns that there will be "overcapacity" of oil supply by 2025.
The International Energy Agency (IEA) said on Tuesday that a significant surplus will appear in the world oil market in the new year.
AI datacenter could become a new revenue engine! Amidst the global oil & gas stock plunge, tc energy (TRP.US) rose against the trend.
Canadian oil & gas giant tc energy (TRP.US) stood out from the entire US oil & gas sector, closing up 2.4% as of Monday's US stock market close.
Short Sellers Boost Bets Against Energy Stocks as Prices Fall
Exchange-Traded Funds Higher, Equity Futures Mixed Pre-Bell Monday Ahead of Earnings Deluge