Oil Falls; Energy Stocks Lose Power
December 30, 2015 at 11:28 AM EST
It’s another unkind day for crude oil, and energy stocks continue to feel the pain with the iShares U.S. Energy ETF (IYE) falling more than 1%. Earlier today, Saudi Arabia reiterated its commitment to keeping oil production high and data showed an unexpected increase in U.S. crude supplies. Thus, light, sweet crude for February delivery […]