BGR News and Press, BlackRock Energy and Resources Trust From 10/01/20

The contrarian case for buying energy stocks just keeps getting stronger and stronger. Energy stocks now represent the most hated stock market sector of all time according to SentimenTrader. You just don't get these sorts of extremes in sentiment very often. And when you do, you b...

The energy sector ([[XLE]] -3.4%) returns to the bottom of the S&P sector standings as crude oil prices come under pressure, with November WTI (CL1:COM) -5.1% to $38.53/bbl and plunging below its 200-day moving average $39.62/bbl.There's no obvious catalyst behind today's sharp move, but ...

BlackRock Advisors, LLC announced today that the Boards of Directors/Trustees of sixty two BlackRock municipal, taxable fixed-income, and equity closed-end funds (the “Funds”) have authorized the renewal of open market share repurchase programs (the “Repurchase Prog...

Energy ( XLE +4.2% ) tops today's S&P sector leaderboard, with crude oil extending its rally following an unexpected drop in crude inventories . More news on: Energy Select Sector SPDR ETF, Diamondback Energy, Inc., TechnipFMC plc, Energy stocks news, Commodities news, Stocks on the...

Crude oil prices ( CL1:COM ) push up sharply for a second straight day , as Hurricane Sally slams U.S. offshore oil and gas production and American Petroleum Institute data showed U.S. crude inventories fell. More news on: Crude Oil Futures, The United States Oil ETF, LP, Energy Select ...

Crude oil prices ( CL1:COM ) clawed back some of their losses from recent weeks, as Hurricane Sally disrupted production of oil and natural gas in the U.S. Gulf of Mexico. More news on: Crude Oil Futures, Natural Gas Futures, The United States Oil ETF, LP, Energy stocks news, Commodi...

BP (NYSE: BP ) has become the first oil major to call the end of an era many thought would last another decade or more, saying the relentless growth of oil demand is over in its latest energy outlook . More news on: BP p.l.c., Energy Select Sector SPDR ETF, Vanguard Energy ETF, Top stoc...

The oil industry is dead, or so many people think. Demand collapsed in the face of the Covid-19 pandemic, and the price war between OPEC and Russia only made things worse. However, a closer look at long-run demand and supply reveals that the situation is more complex. Indeed it's possible we c...

The energy sector ( XLE -1.9% ) drags along at the bottom of today's leaderboard, continuing its recent weakness that has seen a ~6.5% slide so far this month. More news on: Energy Select Sector SPDR ETF, EOG Resources, Inc., Cimarex Energy Co., Energy stocks news, Commodities news, St...

Crude oil futures ( CL1:COM ) closed higher but reclaimed less than half of yesterday's nearly 8% drop as worries over the global demand outlook, driven by the pandemic, continued to limit oil's upside potential. More news on: Crude Oil Futures, The United States Oil ETF, LP, Energy ...