Energy Shares Plunge As Oil Rally Stalls

Energy shares were hit hard as the oil rally came to a halt, with new lockdowns reigniting oil demand fearsWith 2021 shaping up to be one of the most important years for the energy sector in modern history, there is no better time to become an Oilprice.com premium member. Sign up today to get breaking news, expert analysis, and trading tips.Friday, January 22nd, 2021Oil posted some losses at the close of the week, with Brent dipping back below $55 per barrel and WTI down below $52. More travel restrictions in Hong Kong, Shanghai, and the UK led…