Energy stocks sold off over the past few days as crude oil and natural gas prices slumped, with Morgan Stanley warning of a potential global glut. Shell shares fell to 2,900p on Monday—its lowest since February—down about 20% from the year-to-date high, reinforcing downside risk to sector earnings if commodity weakness persists.
Energy stocks sold off over the past few days as crude oil and natural gas prices slumped, with Morgan Stanley warning of a potential global glut. Shell shares fell to 2,900p on Monday—its lowest since February—down about 20% from the year-to-date high, reinforcing downside risk to sector earnings if commodity weakness persists.
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moderately negative
Sentiment Score
-0.55
Ticker Sentiment
