BGR News and Press, BlackRock Energy and Resources Trust From 09/09/20

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 ...

Crude oil futures ( CL1:COM ) slide, adding to their biggest weekly loss since June , weighed by concerns over weak demand prospects and strength in the U.S. dollar. More news on: Crude Oil Futures, Energy Select Sector SPDR ETF, The United States Oil ETF, LP, Energy stocks news, Commod...

WTI crude oil ( CL1:COM ) reverses course to turn sharply lower despite a hefty drop in U.S. crude supplies , as gasoline demand fell over the latest week, an indication that economic recovery from COVID-19 may be slower than expected . More news on: Crude Oil Futures, The United State...

Hurricane Laura appears to have narrowly missed the heart of the U.S. fuel-making and chemicals infrastructure along the Gulf Coast, based on early reports. More news on: Phillips 66, TOTAL SE, Exxon Mobil Corporation, Energy stocks news, News on ETFs, Read more ...

The energy sector ( XLE -1.4% ) is today's weakest performing group, even while crude oil prices ( CL1:COM ) climb to five-month highs as U.S. producers shut more than 80% of production in the Gulf of Mexico ahead of Hurricane Laura. More news on: Energy Select Sector SPDR ETF, Crude...

The energy sector ( XLE +2.5% ) tops today's S&P sector leaderboard, with every sector component trading in the green, as crude oil ( CL1:COM ) and natural gas ( NG1:COM ) futures move higher ; October WTI crude +0.6% to $42.60/bbl, and Nymex September gas +3.5% to $2.535/MM...

Energy producers have shut 1.07M bbl/day , or nearly 58%, of offshore crude oil production and 1.2M cf/day, or 45%, of natural gas output from the U.S. Gulf of Mexico because of the twin threat from Hurricane Marco and Tropical Storm Laura, says the U.S. Bureau of Safety and Environmental ...

The energy sector ( XLE -1.5% ) is today's weakest performer, as the growth-sensitive group continues to struggle this week with a nearly 5% loss since Friday. More news on: Energy Select Sector SPDR ETF, Crude Oil Futures, Diamondback Energy, Inc., Energy stocks news, Commodities news, ...

The Trump administration has for the first time seized vessels allegedly loaded with Iranian fuel in violation of U.S. sanctions , WSJ reports, citing U.S. officials. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, ProShares Trust II - ProShares Ultra Bloombe...

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...