Energy: The worst performing sector of the decade ...News

News by : (Russia Today) -
It has been a tough decade for energy traders and an even tougher 2019, with energy stocks in the S&P 500 massively underperforming their counterparts. The roller coaster ride for oil prices is not exactly a new phenomenon. The oil market is infamous for its repeated boom-and-bust cycles. But the lashing that energy stocks have received over the last few years is particularly notable. As Reuters notes, energy has been the worst performing sector in the S&P 500 this year, also the worst since President Donald Trump’s election in 2016, and also the worst performing sector over the past decade. While the poor performance has been going on

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