BGR News and Press, BlackRock Energy and Resources Trust From 05/18/20

Author's note : This article was released to CEF/ETF Income Laboratory members on May 11, 2020. Please check latest data before investing. 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 ...

U.S. crude oil futures ( CL1:COM ) wrapped up a weekly gain of 19% , finding support from production cuts by major oil producers and early signs of a recovery in demand for crude with some business lockdowns globally being lifted. More news on: Crude Oil Futures, The United States Oil ETF...

(This is our Weekly Commentary from May 3. All data is from that date. We send out our Weekly Commentaries every Sunday evening). Macro Picture Equities ended the week mixed although the last two days were fairly weak, ending on a dour note. There's clearly a tug of war going on as inves...

Crude oil futures ( CL1:COM ) surged today after the International Energy Agency forecast lower global stockpiles in H2, as green shoots of an oil recovery are sprouting with lockdowns easing in Europe and the U.S. and China attempting a semblance of normal life. More news on: Crude Oi...

Crude oil prices ( CL1:COM ) closed lower, even after U.S. data showed an unexpected weekly decline in domestic crude supplies, a fall in stocks at the Cushing storage hub, and a Saudi-Russian statement of commitment to oil market stability . More news on: Crude Oil Futures, National Oi...

(This report was first issued to members of Yield Hunting on May 5. All data herein is from that date or prior.) Discounts among most closed-end funds reached their widest levels during the third week of March. Since then, they rebounded a bit near the end of April and are now bouncing aro...

U.S. crude oil ( CL1:COM ) settled +5.1% to $24.74/bbl to wrap up a 25% surge this week on optimism over production cuts and rising demand for gasoline. More news on: Crude Oil Futures, The United States Oil ETF, LP, Energy Select Sector SPDR ETF, Energy stocks news, Commodities news, St...

Crude oil rallies again ( CL1:COM ) and is on track for its best week in history , supported by bullish factors including U.S. companies cutting production, Saudi Arabia raising its official oil selling price and gasoline demand improving as economies around the world reopen. More news on...

Energy ( XLE +2.7% ) tops the S&P 500 sector leaderboard, sparked by optimism around ongoing production cuts and a recovery in demand with the reopening of economies around the world. More news on: Energy Select Sector SPDR ETF, Occidental Petroleum Corporation, Concho Resources Inc....

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...