The Energy Sector To Watch In 2021 ...Middle East

OILPRICE - Economy
The Energy Sector To Watch In 2021
source : OILPRICE ( Middle East ) () 9
The year 2020 has been unusually volatile for the U.S. financial market, but more so for the energy sector thanks to nationwide lockdowns and subsequent fuel demand destruction. It's become a recurring theme, but the oil and gas sector has again emerged as the worst performer among America's 11 sectors for the 11th straight year.  Indeed, Refinitiv data shows that the S&P 500 earnings growth rate would have only declined 2.3% when you exclude the energy sector instead of the 6.5% when you include it. That's quite damning for the index's…

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