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Why Energy Is Underperforming

Real Vision: Finance & Investing

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Energy Is the Only Sector Not Performing at All This Year

Natural gas is almost half the price just since first of January. The oil price is moving nowhere relative to the latter parts of last year. If inventories start to rise more rapidly across the West, I would argue that it's a an early hint that margins will also be compressed for refiners and other parts of the energy supply chain.

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