BGR News and Press, BlackRock Energy and Resources Trust From 01/30/19

U.S. crude oil jumped to a two-month high , settling +1.7% to $54.23/bbl, helped by U.S. government data that showed signs of tightening supply and potential supply disruptions following U.S. sanctions on Venezuela’s oil industry; Brent closed +0.5% at $61.65/bbl. More news on:...

Crude oil prices rebound from yesterday's steep losses after the U.S. imposed sanctions on Venezuelan state-owned oil firm PDVSA; WTI  +3% to $53.58/bbl, Brent +2.5% to $61.43/bbl. More news on: Valero Energy Corporation, Chevron Corporation, Phillips 66, Energy stocks news, C...

Crude oil prices are sharply lower on worries over signs of an economic slowdown in China and evidence of further growth in U.S. supply; WTI -3.7% to $51.67/bbl, Brent -2.8% at $59.92/bbl. More news on: The United States Oil ETF, LP, Energy Select Sector SPDR ETF, iPath S&P Crud...

Oil service stocks are reversing Friday's big gains, with the OSX Index dropping as much as 4.2% following bellwether Halliburton’s ( HAL -5.4% ) Q4 results and crude oil's sharp drop amid more signs of an economic slowdown in China, sparking concerns about global growth and fue...

The expected year-over-year growth of the S&P 500 EPS estimate for 2019 has now slowed to +5.5% versus the expected +13.6% as of September 28, 2019. Looking at the change in the expected 2019 earnings growth by sector, Energy seems to have taken the beat down this week, as the sector's e...

U.S. shale production likely will slow this year as drillers cut their budgets in response to lower oil prices, says Schlumberger (NYSE: SLB ) CEO Paal Kibsgaard, who is seeing the company's customers taking a more conservative spending approach so far. More news on: Schlumber...

Crude oil surges to six-week highs after China reportedly has offered to ramp up its purchases of U.S. imports over six years to $1T/year, with the goal of eliminating its trade surplus with the U.S.; WTI  +3.4% to $53.87/bbl, Brent +2.8% to $62.92/bbl. More news on: Exxon Mobil...

Crude oil futures reclaim some of the losses suffered over back-to-back sessions as Chinese officials said the government planned to introduce policies to improve credit availability for smaller companies, accelerate infrastructure investment and reduce taxes; U.S. WTI settled +3.2%...

Crude oil futures fell for a second straight session after rising for nine straight days through last Thursday, the longest streak of gains since 2010; February WTI settled -2.1% to $50.51/bbl, Brent -2.5% to $58.99/bbl. More news on: The United States Oil ETF, LP, Energy Select Sec...

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 $...