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:
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