BlackRock Energy and Resources Trust Stock News

Pre-market action in the Big Oil names indicate big gains when trading opens, as crude oil prices surge on hopes the U.S. will soon reach a deal on a $2T coronavirus aid package that could help suppo

U.S. crude oil (NYSEARCA:USO) climbs to its highs of the day, with April WTI +18.3% at $24.11/bbl while May Brent +7.4% at $26.72/bbl after both benchmarks plunged to multi-year lows yesterday, but an

The energy sector (XLE -10.3%) again trades behind the remaining 10 S&P sectors, pressured by another sharp drop in the price of crude oil and the persistence of weak sentiment.Crude continues its

Crude oil marks another finish at four-year lows, and analysts say more declines may follow as the coronavirus hurts demand and Saudi Arabia and Russia battle for market share.April WTI (NYSEARCA:USO)

Oil and gas stocks suffer from another day of aggressive selling, causing the S&P energy sector (XLE -5.1%) to widen its Q1 loss to ~51%, even worse than the one-third loss in the financials group

As forecast last week, the spread of COVID-19 has generated severe financial market volatility, which was substantially worsened by the breakdown in production

Invesco Fixed Income expects Q1 growth in the US and Europe to be weaker than expected and Q2 growth to be significantly negative. In a one-two punch, the impac

This was one of the wildest months for the oil markets. We share our views about a market recovery. We also share our top picks to buy today.

Pres. Trump says he has instructed the U.S. Department of Energy to buy "large quantities of crude oil. right up to the top" for the Strategic Petroleum Reserve.WTI April crude oil jumps ~$2/b

Several oil companies hit by the price war between Saudi Arabia and Russia are encouraging the Trump administration to waive the Jones Act, a law that mandates only U.S. vessels can be used to transpo

OPEC did not address the risk - was it purposeful? Oil falls to the lowest level since February 2016. A bearish reversal on the monthly chart in January. A bear

Here’s something to take some of the sting out of hard investing decisions. I call it the 3 Cs of trading in a crisis. Capital. Conviction. Courage. In order to

The S&P 500 energy sector (XLE -10.7%) is today's worst performer, bringing its week-to-date losses to 29% and year-to-date losses above 50%.The basis for today's sharp selloff remains much the sa

Energy stocks (XLE -3.3%) take their customary place at the bottom of the S&P 500 sector standings, with crude oil down another ~2% after Saudi Arabia unveiled plans to raise its production capaci