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

$104.46
+1.67 (+1.62%)
At Close: May 17, 2024
"The question is when do we break out? I predict sometime this summer we'll break past $80 WTI on the way to $90 a barrel."
Crude oil markets have bounced a bit during the trading session on Thursday, as we continue to look for some type of longer-term direction.
Oil futures flipped between small gains and losses early Thursday, attempting to stabilize after back-to-back losses that analysts blamed largely on a warning from Federal Reserve Chair Jerome Powell
Crude-oil prices settled lower on Wednesday, down a second session in a row. The Energy Information Administration reported the first weekly U.S. crude inventory decline in 11 weeks, but that failed t
Natural gas settled below the 20 EMA and moved towards the $2.55 level.
Crude oil markets drifted lower during the trading session on Wednesday, as we continue to bounce around in a larger consolidation area.
Oil futures were flat to slightly lower in early trade Wednesday, steadying after a selloff the previous session that analysts blamed in part on Federal Reserve Chair Jerome Powell's remarks on the U.
Oil traders are awaiting inventories data from the EIA, after the API reported a more significant than expected draw for the first time in 10 weeks.
Oil prices steadied in early Asian trade on Wednesday as industry data showed a draw in U.S. crude oil inventories, after the market tumbled in the previous session on fears more aggressive U.S. inter
The dollar is surging and commodity prices are slumping as Powell struck a hawkish tone in testimony in Washington, DC, on Tuesday.
Crude-oil prices finished with a loss of more than 3% on Tuesday. Weaker-than-expected Chinese import data fueled uncertainty over energy demand, as Federal Reserve Chairman Jerome Powell's testimony
Fed's aggressive rate hikes may put too much pressure on the economy and reduce demand for oil.
Yahoo Finance's Ines Ferre joins the Live show to discuss how oil and energy are performing amid weaker-than-expected Asia demand.
"The risk of a recession over the near term seems quite low," according to DataTrek's cofounder Nicholas Colas.
OPIS chief oil analyst Denton Cinquegrana discusses why crude prices have been rangebound for the past several months, and where oil and gasoline prices may be headed this spring and summer.
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