Energy News Beat 1/27/2021: Oil and Gas Gets Political

Another choppy day for the markets as stocks finish flat ahead of big corporate earnings.

  • S&P 500: 00%
  • Nasdaq: 20%
  • Dow Jones: 04%

General Electric shares jumped 9% on its better-than-expected industrial free cash flow for the fourth quarter and a rosy outlook for the year. Johnson & Johnson popped more than 3% after the drugmaker’s earnings topped expectations.

Crude Oil and Natural Gas News

Crude oil prices are muted as traders await fundamental data to drop this afternoon via API and tomorrow with the EIA report.  Currently, crude oil prices are $52.63.  Natural gas prices spike after the weather models turn colder for next week, lifting natural gas prices to $2.658

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