iShares U.S. Oil & Gas Exploration & ETF News

Oil prices ticked up early on Tuesday after Israel struck Rafah in Gaza while negotiations for a ceasefire with Hamas continued without resolution.

The U.S. has sufficient supply of oil in the Strategic Petroleum Reserve to address any supply concerns and is monitoring markets on how to use it, Amos Hochstein, President Joe Biden's energy adviser

Oil traders last week unwound part of the risk premium that has been built into prices since the start of the year, but there's growing concern that an Israeli invasion of Rafah in Gaza is all but cer

According to recent reports, Israel said that the ceasefire plan was unacceptable.

Exxon claims right of first refusal on Hess' assets in Guyana under an agreement that governs a consortium developing the country's oil resources.

Saudi Arabia's strategic price hikes, geopolitical risks and supply/demand balance keep the crude oil market outlook cautiously bullish.

With Saudi Arabia boosting crude prices, oil futures saw an uptick, hinting at a strong summer demand despite Middle East tensions.

Oil futures edged up on Monday after Saudi Arabia hiked June crude prices for most regions and as the prospect of a Gaza ceasefire deal appeared slim, renewing fears the Israel-Hamas conflict could st

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the sp

Crude oil traders should stay vigilant, monitoring upcoming OPEC+ decisions and potential U.S. actions regarding strategic oil reserves.

Oil traders are worried about a potential slowdown of the U.S. economy.

The oil markets have fallen a bit during the trading week, as we are now looking for some kind of reason to get long again. Remember, there are a multitude of noisy reasons to be in this market at the

Oil prices may see a recovery in demand if global central banks start cutting rates by 2024-end, and if supply falls due to the replenishment of the US strategic petroleum reserve and continued OPEC+

Oil futures rose Friday, with traders tying support to a news report that some OPEC+ members would be willing to extend production cuts beyond the end of the second quarter.

Oil prices face a significant weekly decline, driven by demand worries and high rates.