NDP News and Press, Tortoise Energy Independence Fund Inc. From 03/27/20

The Environmental Protection Agency says it will ease enforcement of a range of legally mandated public health and environmental protections, saying industries could have trouble complying with them during the coronavirus. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil &am...

U.S. crude oil drops (CL1: COM) following three days of gains, with worries over rapidly dwindling demand due to coronavirus travel bans and lockdowns outweighing effects of the $2T U.S. emergency stimulus package; April WTI -2.8% to $23.81/bbl, but May Brent +0.2% at $27.46/bbl....

The energy sector ( XLE +7.3% ) is today's top performer, extending this week's gain to ~18% even though the group is still down nearly 50% for the quarter. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Valero Energy Corporation, Energy stocks news, Stocks ...

Pre-market action in the Big Oil names indicate big gains when trading opens, as crude oil prices surge on hopes the U.S. will soon reach a deal on a $2T coronavirus aid package that could help support oil demand. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corpora...

COVID-19 is capturing most of the headlines, but the underlying problem behind the financial market panic is the energy sector. Crude oil price weakness is what initially caused the leaks in the equity and high-yield bond markets, leaks that eventually turned into torrents of selling pressure....

The energy sector ( XLE -10.3% ) again trades behind the remaining 10 S&P sectors, pressured by another sharp drop in the price of crude oil and the persistence of weak sentiment. More news on: Energy Select Sector SPDR ETF, Marathon Petroleum Corporation, Diamondback Energy, Inc., E...

Crude oil marks another finish at four-year lows , and analysts say more declines may follow as the coronavirus hurts demand and Saudi Arabia and Russia battle for market share. More news on: The United States Oil ETF, LP, Noble Energy, Inc., SM Energy Company, Energy stocks news, Commo...

This article will tackle the big, really new news. Saudi Arabia announced that it will increase oil production from 9.7 million barrels a day to 10 million and then to 12 million if needed. This news alone sent the oil price down 20% - and the whole stock market with it. We understand the ma...

Oil and gas stocks suffer from another day of aggressive selling, causing the S&P energy sector ( XLE -5.1% ) to widen its Q1 loss to ~51%, even worse than the one-third loss in the financials group at the bottom of the quarterly standings. More news on: Energy Select Sector SPDR ETF...

Several oil companies hit by the price war between Saudi Arabia and Russia are encouraging the Trump administration to waive the Jones Act , a law that mandates only U.S. vessels can be used to transport goods among U.S. ports. More news on: Chesapeake Energy Corporation, Parsley Energy, ...