Energy Stocks Outlook: Oil Slides on Oversupply Fears, LNG Bubble Warnings Mount, and What Investors Should Watch Before Monday
Energy stocks fell Friday, with the S&P 500 Energy sector down 0.28% and the XLE ETF closing at $44.20. Brent crude settled at $60.64 a barrel, WTI at $56.74, both dropping over 2.5% on oversupply concerns. The IEA forecasts supply growth outpacing demand into 2026. Investors await U.S. energy data and developments in Ukraine and Venezuela.