BATS:IEO

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

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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil prices struggle as supply glut caps gains despite geopolitical risk. IEA demand downgrade pressures crude futures amid U.S.-Iran standoff.
French oil producer Maurel & Prom is hopeful of soon being able to resume exports of Venezuelan oil, it said on Monday after the United States government relaxed sanctions on the country's energy sect

Equinor makes oil, gas find in the North Sea

03:00am, Monday, 16'th Feb 2026
Norway's Equinor has discovered oil and gas in the so-called Granat prospect in the North Sea, some 190 kilometres (118.06 miles) northwest of Bergen, the Norwegian offshore directorate said on Monday

US forces board sanctioned oil tanker

02:37am, Monday, 16'th Feb 2026
US forces have boarded another sanctioned oil tanker in the Indian Ocean after tracking it from the Caribbean as part of efforts to target illicit oil tankers linked to Venezuela.
WTI hovers near $62 as IEA warns of a 2026 supply surplus and OPEC hints at output hikes. Will oil slide to $60 or stage a rebound?
Oil traded little changed on Monday, with investors weighing the market implications of upcoming U.S.-Iran talks aimed at de-escalating tensions against a backdrop of expected OPEC+ supply increases.
Oil consolidates in the morning Asian session, but could be weighed by prospects of OPEC+ supply increases.
Heidi Crebo-Rediker, Senior Fellow for Geoeconomics at the Council on Foreign Relations, discusses how the US has put itself in the middle of China's Venezuela oil trade. ConocoPhillips and other ene
The Treasury Department issued licenses Friday for oil companies including Chevron and certain European rivals to operate in the country.
U.S. President Trump said that the second aircraft carrier would be “leaving very shortly” to the Middle East.
The U.S. eased sanctions on Venezuela's energy sector on Friday, issuing two general licenses that allow global energy companies to resume oil and gas operations in the OPEC member and for other compa
The Trump administration deposited the initial $500 million of Venezuela oil sales in U.S.-controlled account in Qatar. A U.S. Treasury Department account has been set up and the funds won't go to Qat
The past week has been very difficult for oil markets, as we are waiting for the results of the US/Iran talks.
The crude oil market continues to see a lot of back-and-forth action, as we are trying to come to some kind of agreement.
WTI slips as supply fears, weak demand signals, and soaring inventories pressure crude oil prices despite support from ongoing Strait of Hormuz risk.
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