The Daily Finance and Energy News Show 1-28-2021 Energy News Beat

All 11 S&P 500 traded in the green amid the broad market rally. Financials and materials, cyclical sectors sensitive to an economic recovery, jumped more than 2% each. Tech and communication services also led the strong gains.

• S&P 500: 1.98%
• Nasdaq: 2.11%
• Dow Jones: 2.05%

Trading volume exploded amid the retail buying spree in the previous session with 23.7 billion shares changing hands, marking the heaviest trading day since at least 2007. On Wednesday, U.S. equity option volumes hit a record 24.5 billion shares and 57.1 million contracts, according to Piper Sandler.

Crude Oil and Natural Gas News
Crude oil prices slump amid new COVID strains found, driving prices down to $52.44. Natural gas prices fall amid a smaller than expected draw at 128 bcf. Natural gas prices currently trading around $2.687

US Energy News
• Murphy oil earnings
• Tesla earnings
• EQT “responsibility sources gas” LOVE IT
• Tailwater capital acquires Tall Oak 2,3

International Energy News
• China buying Iranian oil like hot cakes
• Energy poverty debate
• Saudi Aramco to IPO multiples parts
• China supporting crude demand
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