The Energy Sector fared a little better over the last two weeks. However, our Model Oil Portfolio dropped 0.9% and is now down 5.7% since inception on June 2, 2019 while, for 2020, it is off 14.6%. Many of the benchmarks we use are also struggling. The fear is that the coronavirus could spread globally and instigate a significant slow-down in a variety of economic areas. [more]
It was somewhat of a wild ride last week as, at first, oil stocks surged with increasing global political tensions, but then they retrenched as these tensions dissipated. [more]
We close out the year on a high note. Our Model Oil Portfolio stands at an all-time high. We hope to continue this positive performance in 2020. [more]
October was not a kind month to the Energy sector, perhaps highlighted by the surprising, if not shocking, abandonment of Canada by Encana Corp. [more]
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