7 hours Smaller Oil Tanker Rates Recover After OPEC+ Agrees To Ease Cuts 8 hours U.S. LNG Exports Fall From Record Highs 12 hours Oman s State-owned Oil Company QQ Mulls IPO 13 hours Biden’s Plan Looks To Eliminate $35 Billion Fossil Fuel Subsidies 14 hours M&A In U.S. Oil And Gas To Hit $3.4 Billion In Q1 2021 15 hours U.S. Shale Giant Thanks OPEC+ For ‘Brilliant’ Market Rebalancing Efforts 1 day China Started More Coal Plants Than The Entire World Retired In 2020 1 day China s Official Oil Imports Drop As It Buys More Iranian Crude 1 day U.S. Jobs In Nuclear And Oil Sectors Pay More Than Renewables
7 hours Smaller Oil Tanker Rates Recover After OPEC+ Agrees To Ease Cuts 8 hours U.S. LNG Exports Fall From Record Highs 12 hours Oman s State-owned Oil Company QQ Mulls IPO 13 hours Biden’s Plan Looks To Eliminate $35 Billion Fossil Fuel Subsidies 14 hours M&A In U.S. Oil And Gas To Hit $3.4 Billion In Q1 2021 15 hours U.S. Shale Giant Thanks OPEC+ For ‘Brilliant’ Market Rebalancing Efforts 1 day China Started More Coal Plants Than The Entire World Retired In 2020 1 day China s Official Oil Imports Drop As It Buys More Iranian Crude 1 day U.S. Jobs In Nuclear And Oil Sectors Pay More Than Renewables
3 hours China s Official Oil Imports Drop As It Buys More Iranian Crude 5 hours U.S. Jobs In Nuclear And Oil Sectors Pay More Than Renewables 6 hours Biden Is About To Give Heavy Oil Demand A Major Boost 7 hours Texas Freeze To Hit Shell’s Q1 Earnings 9 hours EIA: Gas Prices At the Pump Could Hit 3-Year High 1 day Oil Prices Under Pressure Following Large Gasoline Build 1 day Hedge Funds Capitalized On Oil Price Pullback 1 day Canada’s Green Shift Could Displace Three-Quarters Of Oil Workers 1 day Oil Trading Giant Vitol Sees Revenues Drop In 2020 1 day BP On Track To Meet Net Debt Target Ahead of Schedule
17 hours Climate Activists: Canada’s Support To Oil Sector Hit US$14 Billion In 2020 20 hours Shell To Put Energy Transition Plan To Shareholder Vote 21 hours Businesses Call For Market-Based Approach To Climate Change 22 hours Mexican Parliament Passes Law That Restricts Fuel Imports Of Private Companies 23 hours Executives Pay Deters Big Oil From Acting On Climate Change 2 days Oil Soars 5% As Bullish News Mounts 2 days Brazil Looks To Finance Fuel Subsidies With Oil Auctions 2 days U.S. Boosts Oil Exports To Canada 2 days The U.S. Power Sector Has Reduced Emissions By 52% 2 days The Battle For European Oil Markets Is Heating Up
Stock futures signal Wall Street will take another shot at records as 2020 winds down (SPY +0.3%). Stocks making the biggest moves premarket: AstraZeneca, Intel, Caterpillar, Alibaba.
Here is the current market situation from CNN Money
European markets are mixed today. France s CAC 40 is higher by 0.42% while the FTSE 100 is even. The German markets are closed.
What Is Moving the Markets
Here are the headlines moving the markets.
The Energy Sector To Watch In 2021 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 d