As mentioned yesterday, energy stocks have entered into a decreasing phase for a few days and this trend has been confirmed yesterday as the dedicated segment on TrackInsight suffered from a new tumble of 7,72% over the market session. Week-to-date, this segment has almost lost 15%, sending the year-to-date cumulative performance back into the depths, at -23,26%. This is mainly explained by the drop in oil prices, affected both by the surge of inventories and fears on the economic recovery due to the potential second wave of coronavirus cases. Investors’ behavior contrast with the market trend as they poured new $ 80 million through the primary market, pushing the cumulative flows of the segment in 2020 above $ 2,2 Bn and the total assets under management at $ 6,43 Bn.