BGR News and Press, BlackRock Energy and Resources Trust From 05/04/20

We will never let the great U.S. Oil & Gas Industry down. I have instructed the Secretary of Energy and Secretary of the Treasury to formulate a plan which will make funds available so that these very important companies and jobs will be secured long into the future! - Donald Trump I'v...

I don't know how it happened It all took place so quick But all I can do is hand it to you And your latest trick - Dire Straits, Your Latest Trick It's bad. It's badder. It's worse than badder. Almost every article that you read in the Press these days paints an economic picture ...

Crude oil prices ( CL1:COM ) continued their comeback in volatile trading today, lifted by hopes for higher fuel consumption as COVID-19 lockdown measures are rolled back. More news on: Crude Oil Futures, Energy Select Sector SPDR ETF, The United States Oil ETF, LP, Energy stocks news, C...

There was one article after another article, every place you looked, that the U.S. equity markets were going to correct anywhere from 25% to 50% down. That has not exactly been the case. The American stock markets have been up and up and up as the wrong focus was used. I have said, countless t...

The International Energy Agency forecasts that global energy demand will fall 6% in 2020, seven times more than during the 2008 financial crisis and the biggest Y/Y percentage drop since WWII (in absolute terms it's the largest on record). More news on: Energy Select Sector SPDR ETF, SPD...

The Trump administration may announce as soon as tomorrow a plan to offer loans to the oil industry that has been ravaged by a historic drop in prices, possibly in exchange for a financial stake, Bloomberg reports. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil & Gas E...

Oil and gas names ( XLE +5.9% ) soar to the top of today's S&P sector leaderboard, as crude oil runs to highs of the day after U.S. stockpiles rose by 9M barrels for the week ending April 24, well below consensus estimates. More news on: Energy Select Sector SPDR ETF, SM Energy Com...

Crude oil prices climb ( CL1:COM ) after a report from the American Petroleum Institute showed a smaller than expected U.S. crude inventory build ; WTI for June delivery +14.1% to $14.08/bbl, while Brent +4.1% to $21.31/bbl. More news on: Crude Oil Futures, The United States Oil ET...

Crude oil prices ( CL1:COM ) reverse their rebound from late last week, with June WTI settling -24.5% to $12.78/bbl for its second lowest settlement on record , while June Brent finished -6.7% to $19.99/bbl. More news on: Crude Oil Futures, The United States Oil ETF, LP, Energy Select...

Treasury Secretary Mnuchin says the government is considering taking equity stakes in U.S. energy companies to try to boost the beleaguered oil and gas sector amid the coronavirus crisis. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil & Gas Exploration & Production...