The 360 Digital Closing Bell

The 360 Digital Closing Bell


Daily Energy Market Summary #121: 9/17/2020

September 17, 2020


Volatile day for the overall equities markets today as major indices each fall over 1% with renewed stress on tech stocks, NASDQ down over 1.75%. Conflicting COVID-19 vaccine news amid stalled stimulus 2.0 also weighed on investors today. First-time claims for unemployment insurance totaled 860,000 in the week ending Sept.12, versus an estimate of 875,000, according to economists polled by Dow Jones.


Crude oil prices were supported by fallout from Hurricane Sally, finsing above $41 for the afternoon session. Natural Gas prices drop over 10% to around $2 off EIA show 89 BCF build in natural gas stocks.



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360 News Desk: https://www.oilandgas360.com/eenfp/newsdesk/


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