Energy issues stoke stocks and oil

0
24
views

Stock markets enjoyed the bump in energy prices yesterday with the S&P500 posting its biggest daily gain since the end of August. The energy sector itself surged nearly 4% while oil continued its march higher for a fourth straight day with Brent crude above $75.

There was much chatter about energy prices in general as gas and electricity prices jumped amid a looming and unfolding European energy crisis. For what it’s worth, natural gas futures eventually finished the day some 7.5% higher.

Prices in Europe have hit record highs with the continent set to enter winter with inventories… Read More:

For all Articles related to FXTM please click here

OPEN AN ACCOUNT WITH FXTM