BlackRock Energy and Resources Trust Stock News

Energy stocks (XLE -1%) are well off their early morning lows even as WTI front-month crude oil tumbles more than 40% to as low as $10.34/bbl, the lowest since April 1986 on an intraday basis.May WTI

The energy sector (XLE +6.3%) is flying to the top of today's S&P leaderboard despite more big losses in oil prices, with WTI May crude -8.7% to $18.13/bbl, trading at levels last seen in late 200

The Trump administration is considering paying U.S. oil producers to essentially stop producing, in a bid to help alleviate the oversupply in the market that has pushed crude prices to 18-year lows, B

Energy (XLE -6.7%) tumbles to the bottom of the early S&P sector standings, now down 7.2% for the week but up 8% since the end of March.Today's selling comes after WTI crude touched a fresh YTD lo

Global demand for oil (CL1:COM) in April is forecast to drop by a record 29M bbl/day to levels not seen in a quarter century, the International Energy Agency says, part of a set of dire estimates that

Energy shares (NYSEARCA:XLE) have slipped to the bottom of the S&P sector standings as WTI crude futures plunge as much as 11% before settling -10.3% to $20.11/bbl (CL1:COM), as demand weakness ex

23 out of 23 CEF sectors positive on price and 23 out of 23 sectors positive on NAV this week. EDD and MSD reduce distributions by -7.7%. Look for rotation oppo

Today's oil production agreement in principle between Saudi Arabia and Russia could be in trouble after Mexico refused to participate in the cutbacks and left the OPEC+ meeting without approving the d

Energy stocks (XLE +3%) are off to another strong start as OPEC+ opens its virtual meeting, apparently moving closer to a deal to curb production in an attempt to tackle the unparalleled impact of the

Things are pretty tense in the oil markets ahead of a virtual meeting of the alliance of OPEC and non-OPEC producers today at 4:00 p.m. Vienna time (10 a.m. ET). The spotlight will be on whether Russi

Crude oil surges suddenly toward the end of the day's trading, as RBC reports Russia is ready to cut production by ~1.6M bbl/day, citing an energy ministry source.May WTI crude +7.2% to $25.33/bbl; Ju

Crude oil futures (CL1: COM) reversed earlier gains to settle sharply lower, coming under pressure after a U.S. government report cut its U.S. and global price forecasts and outlook for domestic prod

First Republic Investment Management Inc. lessened its stake in BlackRock Global Energy & Resources Trus (NYSE:BGR) by 27.9% in the fourth quarter, according to its most recent filing with the Securit

The broader market has eased off some of its earlier gains but the oil and gas sector (XLE +8.1%) stays strong, as May WTI crude closes +24.7% to $25.32/bbl for its largest single-day percentage gain

Pres. Trump tells CNBC he spoke to Russia's Putin and Saudi's Mohammed Bin Salman and expects the two countries to announce a 10M bbl/day production cut and potentially a 15M-barrel cut.The Saudis are