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NDP News and Press, Tortoise Energy Independence Fund Inc. From 03/09/20

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Company Name: Tortoise Energy Independence Fund Inc.
Stock Symbol: NDP
Market: NYSE

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NDP - Oil and gas stocks slaughtered; energy ETF -15%

The Energy Select SPDR ETF (NYSEARCA: XLE ) -15.2% pre-market in the wake of a tumultuous weekend in which crude prices fell more than 20% amid a price war between Russia and Saudi Arabia. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation, Chevron Corporati...

NDP - Energy stocks sink to 11-year low as Russia refuses OPEC oil plan

Energy sector stocks ( XLE -5.6% ) plunge after Russia shot down OPEC's plan to cut production by an additional 1.5M bbl/day in the wake of the coronavirus. More news on: Energy Select Sector SPDR ETF, Diamondback Energy, Inc., Devon Energy Corporation, Energy stocks news, Commodities ne...

NDP - Crude oil craters as OPEC+ talks on verge of collapse

Crude oil futures ( USO -7.3% ) extend losses, falling as much as 6.5% with OPEC+ talks said to be on the verge of collapse; April WTI -5.7% to $43.27/bbl, May Brent -5.6% to $47.18/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Cr...

NDP - U.S. crude oil concludes worst week in more than 11 years

The U.S. benchmark oil price (NYSEARCA: USO ) plunged 16% in its largest weekly decline since December 2008 , as the spread of the coronavirus stokes fears of slowing global demand. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P GSCI Crude Oil To...

NDP - Energy stocks, oil prices bounce off session lows

The S&P 500 energy sector ( XLE -1.3% ) has climbed off its lows of the day but remains firmly in the red, extending its dismal YTD run as the market's weakest sector with a 23% drop since the end of 2019. More news on: Energy Select Sector SPDR ETF, HollyFrontier Corporation, Marath...

NDP - U.S. crude slumps to lowest settlement in more than a year

U.S. crude oil (NYSEARCA: USO ) tumbles to its lowest price in more than a year after hundreds of new coronavirus cases were reported in Asia, Europe and the Middle East, adding to fears of weaker energy demand. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ...

NDP - Energy sector now -18% YTD as oil prices remain under pressure

The energy sector ( XLE -4.8% ) is again the day's weakest performer, as crude oil tumbles for a third session on concerns about the spread of the coronavirus outside China and the potential impact on oil demand. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corporation, Occ...

NDP - Energy extends YTD loss to 15% as oil prices plunge

The energy sector ( XLE -4.5% ) is today's weakest performer, widening its YTD loss to 15% and a fresh low for the year, as crude prices plunge into bear territory amid weakening risk tolerance due to the continued spread of the coronavirus outside of China. More news on: Energy Select...

NDP - Oil prices -4% as spreading virus sparks demand concerns

Crude oil futures plunge as worries about the impact of the coronavirus spike, with the number of infections rising outside of China; April WTI -3.8% to $51.35/bbl, April Brent -4% to $56.17/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&...

NDP - Oil, energy stocks hit again on renewed coronavirus concerns

The energy sector ( XLE -1.6% ) is today's weakest performer - again - widening its Q1 loss so far to 11.3% vs. a 4.2% quarter-to-date gain in the S&P 500, as " risk aversion has returned to the markets ." More news on: Energy Select Sector SPDR ETF, Baker Hughes Company, Schlumberge...

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