Stock up HUGE amid Pfizer and BioNTech announcing a vaccine for COVID19 that is 90% effective. Major indices hit all time highs, notably the S&P 500 and Dow Jones, NQ finishes flat (Zoom down BIG) as the pullback from the lockdown rally appears to be over in the short term.

  • S&P 500: 2.67%
  • Nasdaq: 0.1%
  • Dow Jones: 4.5%

Oil and Gas News Today

Crude oil prices benefit greatly from vaccine announcement, spiking as much as 10% today, settling above $40.  This comes in the face of even more Libyan oil output, fundamentals right? Natural gas prices tumble amid a REALLY warm November, prices down 1.4% to $2.855

North American Shale News

  • $BCEI to buy HighPoint after closing on Chapter 11
  • Lilis finds a buyer in a 361
  • $CPE rolls over some notes
  • Biden admin political outlook

International

  • Libya passes 1 mm bbl/day in oil production…
  • Saudi energy chief says OPEC+ deal could be coming…

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