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Ishares U.s. Oil & Gas Exploration & Production Etf ETF News

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$109.66
+2.19 (+2.04%)
At Close: Jun 22, 2026
Crude oil is testing its 200-day moving average after a corrective low, with price action now at a key inflection point between support stabilization or deeper downside.
Big oil tankers are commanding $280,000 a day to head into the Persian Gulf to pick up cargoes, danger notwithstanding.
Oil steadied while tankers become more overt in transiting the Strait of Hormuz following an agreement between Iran and the US to end their conflict. Ellen Fraser, Partner and Energy expert at Bari
Oil prices drop as tanker traffic through the Strait of Hormuz picks up amid U.S.-Iran negotiations, though mines remain in the central channel.
Oil surging to more than $120 a barrel last spring cut about three-tenths of a percentage point from U.S. economic output, but the blow ​was a small fraction of what would have taken place from a �
Oil tanker operators are reaping record ​profits after nearly doubling the hire cost of vessels going through the Strait of Hormuz and wider Gulf ‌region this week on rising demand as traffic thro
Crude continues to see downward pressure in general, as traders are betting on the flow of oil getting to market as the Middle East sees signs of potential peace.

What Comes Next For Hormuz Oil Flows?

09:03am, Tuesday, 23'rd Jun 2026
The US has issued a 60-day license allowing Iran to sell oil on the international market, giving Tehran an economic lifeline as the two adversaries continued talks for a permanent peace deal. Bloomber
The sanctions waiver could be a sign that talks between the U.S. and Iran are progressing well.
Oil and Natural Gas trade calmly as the Middle East truce holds firm. WTI rebounds to $73.70 defending channel support, Brent holds $77.55, and Natural Gas holds $3.272 with bullish continuation.
Oil prices rebounded on Tuesday after a sharp fall the previous session supported by tempered optimism over U.S.-Iran peace talks, while investors awaited clearer signs of progress ​in restoring cru

Oil Futures Rise on Likely Technical Recovery

08:12pm, Monday, 22'nd Jun 2026
Oil futures rose on a likely technical recovery after solid losses overnight.
‘The Big Money Show' panel weighs whether Iran's agreement to allow nuclear inspectors back into the country is a genuine breakthrough or a risky bet that could unravel within 60 days.
Oil prices fell after the U.S. cleared the way for Iran to sell oil in dollars for the first time in decades, including to American buyers. Vice President JD Vance said Iranian officials had agreed to
The U.S. Energy Department said on Monday that one energy firm had taken a loan of 500,000 barrels of crude oil ​from the Strategic Petroleum Reserve, representing about 1.25% of the ‌barrels at o
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