Is This The End For Oil? – ValueWalk Premium
S&P500 and oil price

Is This The End For Oil?

Is This The End For Oil?

a Energy is top of mind for investors in the Canadian equity market. After all, energy makes up 19% of the S&P/TSX Composite Index, the second-largest sector after financials. And, a quick scan of the financial page headlines of our national newspapers shows the energy sector is struggling:

  • “Oil prices fall 2 per cent, supply overhang back in focus”
  • “Oil drops below $30, dragging TSX, Wall Street down with it”
  • “Oil falls for third day as concerns about growing glut deepen”
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