High-Yielding Energy Stocks Are Surging on COVID-19 Vaccine News Today
The price of oil bounded higher today. The U.S. oil price benchmark WTI was up more than 9% by 11:30 a.m. EST on Monday, fueled by news that a vaccine candidate against COVID-19 proved to be more than 90% effective in the final phase of its trial. One of the many subgroups getting a bounce today was midstream companies.