BGR News and Press, BlackRock Energy and Resources Trust From 03/27/20

Making an appearance on CNBC , hedge-funder Leon Cooperman says his largest "out-of-consensus" bet is on energy (NYSEARCA: XLE ). "A lot of these stocks are selling at a fraction of underlying asset value." More news on: Energy Select Sector SPDR ETF, WPX Energy, Inc., Parsley Energy, In...

U.S. crude oil drops (CL1: COM) following three days of gains, with worries over rapidly dwindling demand due to coronavirus travel bans and lockdowns outweighing effects of the $2T U.S. emergency stimulus package; April WTI -2.8% to $23.81/bbl, but May Brent +0.2% at $27.46/bbl....

Author's note: This article was released to CEF/ETF Income Laboratory members on March 16, 2020. The Weekly Closed-End Fund Roundup will be put out at the start of each week to summarize recent price movements in closed-end fund [CEF] sectors in the last week, as well as to highlight rec...

The energy sector ( XLE +7.3% ) is today's top performer, extending this week's gain to ~18% even though the group is still down nearly 50% for the quarter. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Valero Energy Corporation, Energy stocks news, Stocks ...

The Environmental Protection Agency is expected to waive compliance requirements and deadlines for a range of industries, including oil refiners, water utilities and sewage plants, as it seeks to help businesses affected by the coronavirus. More news on: Energy Select Sector SPDR ETF, Ut...

Pre-market action in the Big Oil names indicate big gains when trading opens, as crude oil prices surge on hopes the U.S. will soon reach a deal on a $2T coronavirus aid package that could help support oil demand. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corpora...

The energy sector ( XLE -10.3% ) again trades behind the remaining 10 S&P sectors, pressured by another sharp drop in the price of crude oil and the persistence of weak sentiment. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Diamondback Energy, Inc., E...

Crude oil marks another finish at four-year lows , and analysts say more declines may follow as the coronavirus hurts demand and Saudi Arabia and Russia battle for market share. More news on: The United States Oil ETF, LP, Noble Energy, Inc., SM Energy Company, Energy stocks news, Commo...

Oil and gas stocks suffer from another day of aggressive selling, causing the S&P energy sector ( XLE -5.1% ) to widen its Q1 loss to ~51%, even worse than the one-third loss in the financials group at the bottom of the quarterly standings. More news on: Energy Select Sector SPDR ETF...

As forecast last week, the spread of COVID-19 has generated severe financial market volatility, which was substantially worsened by the breakdown in production discipline within the global energy market, reflecting the stand-off between Russia and Saudi Arabia. This has triggered further sev...