Energy Sector Volume Plummets 25% to 460th Rank Amid Regulatory Uncertainty and Narrowing Inventory Draws

On September 23, 2025, , . .

Recent developments highlight shifting dynamics in . A proposed of midstream operations has sparked investor caution, . .

Back-test parameters require precise definition to ensure methodological consistency. Key considerations include universe scope—whether to evaluate all U.S.-listed equities or focus on S&P 500 constituents—and the treatment of non-equity instruments like . remains critical: strategies may differ based on whether positions are entered at day’s close or next-day open, and whether exits occur at close or open of the subsequent session. , , will significantly influence outcome accuracy. Finalizing these parameters will enable a rigorous evaluation of volume-driven trading strategies.