The energy sector's bull run shows no signs of slowing down, with the sector closing comfortably at the top of Tuesday's S&P sector standings, even as crude oil prices barely budged. The energy sector's favorite benchmark, Energy Select Sector SPDR ETF (NYSEARCA:XLE), is now up 23.0% year-to-date vs.
-4.6% return by the S&P 500. Oil prices have continued their early-year strength, with front-month Brent recording five days of higher intra-day lows and three days of higher intra-day highs over the past week. Brent blend for April delivery,…The Market Is Ignoring The Surge In U.S. Oil Output
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