Oil’s ‘Dead Cat Bounce’ Spares Energy Stocks From Greater Pain

Don’t be fooled by Friday’s sharp relief rally in oil and gas equities as the picture is still bleak for crude supply and demand. Energy stocks in the S&P 500 index followed oil higher with a benchmark-leading 2.5% intraday jump as the sector narrowly avoided notching its second straight weekly decline. But the move in … Read more

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