Oil Futures Drop More Than $2; Energy Stocks Face Pressure
Photo: TokenPost
Oil futures fell more than $2 a barrel Wednesday during volatile trading, while energy shares came under pressure. Traders were weighing the outlook for the U.S.-Iran conflict after a major midterm setback for President Donald Trump's Republican Party. A screen covering 10 energy stocks with market capitalizations above $2 billion ranked Energy Fuels lowest on the relative strength index (RSI), at 26. Peabody Energy followed at 29, and BKV had a reading of 33. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
