BGR News and Press, BlackRock Energy and Resources Trust From 08/12/20

OPEC forecasts a slightly larger drop in oil demand for this year and worse global economic activity compared to its estimate in July. More news on: Crude Oil Futures, The United States Oil ETF, LP, Direxion Shares ETF Trust - Direxion Auspice Broad Commodity Strategy ETF, Energy stocks ne...

Energy shares ( XLE +1.7% ) are rallying in early trading as crude oil prices rise for a second straight day, underpinned by expectations of U.S. economic stimulus as well as a rebound in Asian demand as economies reopen. More news on: Energy Select Sector SPDR ETF, Exxon Mobil Corpora...

Energy ( XLE +2.1% ) tops the early S&P sector leaderboard, extending this week's gain to 4%, as crude oil prices ( CL1:COM ) jump to five-month highs . More news on: Energy Select Sector SPDR ETF, Crude Oil Futures, Devon Energy Corporation, Energy stocks news, Commodities news, ...

ETFs tied to energy infrastructure enjoy strong gains, as oil prices ( CL1:COM ) reversed early losses to settle higher ; September WTI settled +1.7% to $41.70/bbl, while October Brent +0.6% to $44.43/bbl. More news on: Crude Oil Futures, Global X MLP & Energy Infrastructure ETF...

The energy sector ( XLE -3.9% ) plummets to the bottom of the S&P sector standings amid general weakness in the market on concerns about weak global consumption and the increasing possibility of new lockdowns. More news on: Energy Select Sector SPDR ETF, Crude Oil Futures, QEP Reso...

Co-produced with Trapping Value When we last dissected the fundamentals for oil in a recent article , we left with the message that there were some serious near-term headwinds. While the supply picture was improving (or bullish), demand was still far from having recovered. With a fe...

Energy sprints to the top of today's S&P sector standings, with oil prices aided by an agreement among European Union leaders on a €750B fund to prop up their coronavirus-hit economies , lifting prospects for fuel demand. More news on: Crude Oil Futures, Gasoline Futures, Natur...

The U.S. District Court for the Northern District of California this week struck down the Trump administration's rollback of most of a 2016 rule designed to minimize the venting and flaring of natural gas from oil and gas wells on federal land. More news on: Energy Select Sector SPDR ETF...

Crude oil futures ( CL1:COM ) rise after the U.S. reports the biggest weekly decline in crude inventories so far this year, even as OPEC+ agreed to taper record production cuts of 9.7M bbl/day down to 7.7M bbl/day starting next month and lasting through the end of the year. More news...

Pres. Trump is expected to announce tomorrow a streamlined approach in considering environmental consequences when approving new oil wells, pipelines, highways and other projects. More news on: Energy Select Sector SPDR ETF, SPDR S&P Oil & Gas Exploration & Production ETF, V...