BGR News and Press, BlackRock Energy and Resources Trust From 01/11/19

Crude oil prices fell today to snap a nine-session winning streak but still ended the week nearly 8% higher, as production cuts by major producers, a weaker dollar and further export declines from sanctioned Iran lifted prices; February WTI settled -1.9% to $51.59/bbl, Brent -1.7% to $...

Crude oil prices roar back after earlier paring gains as government data showed U.S. crude stocks fell less than expected last week, with the WTI benchmark topping $50/bbl for the first time since mid-December on continued optimism over U.S.-China trade talks and Saudi production cuts; ...

Crude oil extends its recent rally from 18-month lows, bumping to highs of the day after OPEC officials say Saudi Arabia plans to cut crude exports to 7.1M bbl/day by the end of January, as it seeks a return to $80/bbl oil to cover a massive government spending boost: WTI  +3.4% to $...

Without a doubt, one of the worst-performing closed-end funds that I follow over the past three months is the BlackRock Energy & Resources Trust ( BGR ). The name of this fund should be an indication of why it has performed so poorly as the fund invests in the energy industry, which has ta...

Analysts say a record amount of liquefied natural gas production likely will get a green light this year amid strong global demand, especially from China. More news on: Exxon Mobil Corporation, ConocoPhillips, Cheniere Energy, Inc, Energy stocks news, Commodities news, News on ETFs, ...

Crude oil prices surge after China said it would hold trade talks with the U.S., also helped by signs of lower crude supply and strong economic data; WTI  +3.4% to $48.70/bbl, Brent +3.3% to $57.80/bbl. More news on: Exxon Mobil Corporation, Chevron Corporation, BP p.l.c., Energ...

There was lots of action in energy commodities during the final quarter of 2018. The energy sector posted a loss during the fourth quarter of 2018, but natural gas exploded higher and then came down to slightly below its Q3 closing level by the end of December. In 2014, the energy composite ...

U.S. oil and gas executives' outlook turned negative for the first time since Q1 2016, the low point of the last oil bust, according to a survey by the Federal Reserve Bank of Dallas. More news on: Energy Select Sector SPDR ETF, Vanguard Energy ETF, SPDR S&P Oil & Gas Exploration...

Shale wells drilled in recent years are producing less than their owners projected to investors, according to a WSJ analysis of 16K locations operated by 29 of the biggest producers in Texas and North Dakota. More news on: Pioneer Natural Resources Company, Parsley Energy, Inc., Whitin...

Crude oil prices rose for the fourth straight session in volatile trade, boosted by separate surveys that revealed monthly production declines from major producers; February WTI settled +1.2% to $47.09/bbl, while Brent +1.9% at $55.95/bbl. More news on: Exxon Mobil Corporation, Chev...