BGR News and Press, BlackRock Energy and Resources Trust From 06/22/20

U.S. shale producers could be forced to write down the value of their assets by as much as $300B in Q2, as operators begin to account for the oil price collapse on their balance sheets, according to a new study from Deloitte. More news on: The United States Oil ETF, LP, Energy Select Sec...

The S&P's energy sector ( XLE +2.1% ) leads the market higher in the early going, as U.S. crude ( CL1:COM ) climbs above $40/bbl with traders hopeful that global fuel demand will rebound more quickly than anticipated. More news on: Energy Select Sector SPDR ETF, Crude Oil Futures, ...

The energy sector ( XLE +1.5% ) trades comfortably atop the S&P sector leaderboard, as crude oil prices pick up steam ( CL1:COM ) after starting the session in the red; July WTI +2.1% to $38.75, August Brent +1.7% to $41.42/bbl. More news on: Energy Select Sector SPDR ETF, Crud...

Crude oil prices ( CL1:COM ) continue lower on fears over fresh outbreaks of COVID-19 as well as EIA data showing an increase in U.S. inventories; July WTI -1.6% to $37.77/bbl, August Brent -1% to $40.56/bbl. More news on: Crude Oil Futures, Energy Select Sector SPDR ETF, Cimarex E...

Crude oil ( CL1:COM ) swung from sharp early losses to settle with gains, after the United Arab Emirates Energy Minister Suhail Al Mazrouei voiced confidence that OPEC+ countries with poor compliance to agreed cuts would meet their commitments. More news on: Crude Oil Futures, Energy Sel...

Author's note: This article was released to CEF/ETF Income Laboratory members on June 8, 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 t...

Crude oil futures fall ( CL1:COM ), sandwiched by a record build-up in U.S. inventories and the Federal Reserve's gloomy economic outlook; July WTI -8.2% to $36.34/bbl, August Brent -7.2% to $38.72/bbl. More news on: Crude Oil Futures, ONEOK, Inc., Occidental Petroleum Corporation, ...

Crude oil futures ( CL1:COM ) reversed losses to close higher , helped by weakness in the dollar that followed the Federal Reserve's pledge to keep interest rates near zero through 2022. More news on: Crude Oil Futures, Energy Select Sector SPDR ETF, The United States Oil ETF, LP, Energy ...

The U.S. government has adopted rules to protect landowners affected by natural gas pipeline or plant development by forbidding construction until the Federal Energy Regulatory Commission acts on requests for rehearing of any decisions for a permit. More news on: Energy Select Sector SPD...

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...