Sizzling U.S. energy stock rally confronts growth worries"Others, however, are concerned demand may wane as China's economy is hit by coronavirus-related lockdowns or if the U.S. economy slides into a recession – a possibility as the Fed pledges to tighten monetary policy until it tames inflation. CFRA last month lowered its recommended exposure to the energy sector to "marketweight" from "overweight," saying that "as a result of the rising risk of recession or stagflation, CFRA thinks global demand will have a hard time remaining strong."
https://www.reuters.com/markets/europe/sizzling-us-energy-stock-rally-confronts-global-growth-worries-2022-06-01/