Scalper1 News
A refinery accident in China, a storm threatening to crimp holiday travel and the possibility of increased oil exports following an accord with Iran combined to send oil prices and energy stocks lower Monday. Crude futures trimmed losses and settled just a fraction lower. Oil and gas industry groups weren’t so lucky, claiming six of the session’s 10 worst hits among 197 industries. Offshore drilling contractor SeaDrill (SDRL) gapped down to a 6% Scalper1 News
Scalper1 News