Energy sector's worst-ever loss

Jason Goepfert
2020-03-10
Energy stocks suffered one of their worst-ever 1-day losses and drawdowns from a high.

Crude oil futures only go back about 35 years, so there’s really no precedent for the kind of action that just triggered. Even 1991 didn’t see this kind of damage, at least on such a compressed time frame and with oil being the cheapest it’s been in years. 

We can get a little better sense of history looking at energy companies. And those suffered a massively ugly day as well.

See this report for more detail.

Sorry, you don't have access to this report

Upgrade your subscription plan to get access