Tracking the next move for energy
So far this year crude oil has fallen just more than ten percent. Brent crude , just over nine percent.

Our data and analytics partner Kensho measured what happens to various energy sectors after energy falls five percent or more in the first quarter of a given year. This has happened four times since 1990.

Kensho shows that on average after a five percent or more drop for energy in Q1, the S&P Oil and Gas Equipment and Services Return surges 15 percent in the following quarter. That sector includes companies like Halliburton , National Oilwell , Baker Hughes and Schlumberger .

The S&P Oil and Gas Drilling sector is up 12 percent in second quarters where we see a big drop in Q1. That would include companies like Transocean and Helmerich & Payne .