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

OPEC+ surprised, no, shocked, the market with plans to cut oil (NYSEARCA: USO) production by 1.16 million barrels per day. Aside from the immediate impact of higher prices, this move has far-reaching

Stephanie Link, Hightower Advisors chief investment strategist, joins 'Squawk Box' to discuss the investing strategy for Q2, Link's positioning in commodities, and more.

Stock futures traded mixed Monday, while oil prices jumped on a surprise production cut.

At the recent CERAWeek conference in Houston, executives of U.S. oil companies warned that prices would probably move higher with the resurgence of the influence of the OPEC+ cartel over international

Oil stocks jumped premarket Monday after Saudi Arabia's Ministry of Energy led a surprise oil production cut across several OPEC+ nations. On Sunday the Ministry announced that the Kingdom will imple

Goldman Sachs predicts that the 1.16 million bpd OPEC+ and Saudi Arabia output cuts may push oil prices up to $100 per barrel mark.

Oil is surging after the OPEC+ announced a surprise production cut of more than 1 million barrels a day. Su Keenan reports on Bloomberg Television.

The oil cartel and its allies announced voluntary production cuts of around 1.15 million barrels a day, a move they said was to support market stability.

Higher oil prices would help fill Russian President Vladimir Putin's coffers as his country wages war on Ukraine and force Americans and others to pay even higher prices at the pump amid inflation fue

Energy markets were bracing for a volatile open late Sunday, after Saudi Arabia led a surprise oil production cut across several OPEC + nations that will remove more than one million barrels of oil a

Saudi Arabia and other OPEC+ oil producers on Sunday announced voluntary cuts to their production, with Riyadh saying it would cut output by 500,000 barrels per day, or bdp, from May until the end of

Oil futures finished higher on Friday, but U.S. prices logged a fifth straight month of declines, as well as a loss for the quarter. “It's been a difficult quarter for crude oil prices with expectat

Oil markets gain ground as traders stay focused on supply problems.

Crude oil markets have rallied during the trading week to dig back into the previous consolidation area.

The crude oil markets have rallied a bit during the trading session on Friday, as it looks like the 50-Day EMA is starting to show signs of technical resistance.