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BGR News and Press, BlackRock Energy and Resources Trust From 06/09/20

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Company Name: BlackRock Energy and Resources Trust
Stock Symbol: BGR
Market: NYSE

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BGR - Oil rebounds to finish with gain but energy stocks retreat

Crude oil ( CL1:COM ) closes higher after erasing an earlier loss, with July WTI +1.9% to $38.94/bbl, but energy names ( XLE -3.3% ) are some of today's biggest stock market losers. More news on: Crude Oil Futures, Energy Select Sector SPDR ETF, Valaris plc, Energy stocks news, Commo...

BGR - Oil slides as Saudis say extra cuts for a month only, but energy names rise

Crude oil prices ( CL1:COM ) tumble after the Saudi Energy Minister said the kingdom's additional production cuts of 1.2M bbl/day including contributions from Persian Gulf allies Kuwait and the United Arab Emirates would take effect only in June as planned. More news on: Crude Oil Future...

BGR - Weekly Closed-End Fund Roundup: VAM To Merge Into FINS, EGIF To Liquidate (May 31, 2020)

Author's note: This article was released to members on June 1, 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 in the last week, as well as...

BGR - OPEC+ production cut extended for a month

An OPEC delegate says OPEC and its allies are "most likely" to agree on a one-month output cut extension. Bloomberg is also separately reporting on the one-month extension. More news on: Crude Oil Futures, The United States Oil ETF, LP, Energy Select Sector SPDR ETF, Energy stocks news, ...

BGR - Oil, energy stocks rally on tentative OPEC+ production deal

Crude oil prices ( CL1:COM ) are climbing after OPEC decided to meet Saturday to discuss extending production cuts, indicating that some laggard countries may have agreed to align themselves with the deal. More news on: Crude Oil Futures, Transocean Ltd., Parsley Energy, Inc., Energy sto...

BGR - 2 Covers; 2 Sectors

If you looked at the two different covers of The Economist for May 30, 2020, you saw the 100,000-death message on the American version, and you saw the Hong Kong security law depiction on the Asian edition. Internal content was mostly the same, but the lead stories reflected the world as the...

BGR - OPEC seen edging closer to compromise to extend output cuts

Energy stocks ( XLE +2.8% ) topped today's S&P sector leaderboard as OPEC and its allies reportedly edge closer to a consensus on extending production cuts to prop up the oil market. More news on: Energy Select Sector SPDR ETF, Crude Oil Futures, The United States Oil ETF, LP, Ener...

BGR - Coronavirus Roundtable - Profiting From Oil's Decline Phase (Video Transcript)

Editors' Note: This is the transcript of the video we posted May 24th. Please note that due to time and audio constraints, transcription may not be perfect. We encourage you to listen to the video as well as a podcast embedded below if you need any clarification. We hope you enjoy. Dani...

BGR - Keystone XL delay likely as court denies bid to revive U.S. pipeline permit

The 9th U.S. Circuit Court of Appeals yesterday declined to suspend a lower court's ruling that canceled a national environmental permit, in a decision that could delay more than 70 oil and gas pipeline projects across the U.S. including the Keystone XL pipeline. More news on: TC Energ...

BGR - Weekly Closed-End Fund Roundup: 2 Upcoming Mergers (May 17, 2020)

Author's note: This article was initially published on May 17, 2020, and data are from that date. 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 i...

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