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

$102.72
+2.40 (+2.39%)
At Close: May 31, 2024
Oil markets stay strong as traders focus on the rebound of the Chinese economy.
Francisco Blanch, head of global commodities at BofA Global Research, explains how key geopolitical factors are shaping commodity markets.
Crude oil markets have gone almost nowhere during the trading session on Thursday as we continue to hang around in the same consolidation rectangle.

Oil prices rise, buoyed by demand optimism

07:52am, Thursday, 02'nd Mar 2023
Oil futures gained ground early Thursday, with support tied to signs of improving demand in the U.S. and improving economic data out of China.
Once the bullish China news plays out, traders will be looking for another catalyst. That catalyst is likely to be the U.S. Dollar.
Oil prices inched up in early Asian trade on Thursday, extending gains from the previous two sessions on signs of a strong economic rebound in China, the world's top oil importer, which offset worries
U.S. benchmark crude-oil prices on Wednesday settled at their highest in almost two weeks, after the Energy Information Administration reported a 1.2 million-barrel weekly rise in U.S. crude inventori
Natural gas markets pull back amid profit-taking.
Viktor Katona, lead crude analyst at Kpler, gives his outlook for oil markets in 2023 as regions recover at staggered rates and the war in Ukraine continues.
Crude oil markets have rallied initially during the trading session on Wednesday but have shown signs of hesitation as we gave up those gains.
Oil futures slipped to begin March, after an industry group reported another large jump in U.S. crude inventories, outweighing a round of upbeat data on economic activity in China.
Jeff Currie, global head of commodities research at Goldman Sachs, sees crude reaching back above $100 a barrel in the fourth quarter and says his confidence in an oil price spike in the next 12-18 mo
China's manufacturing activity expanded at the fastest pace in more than a decade in February, an official index showed, smashing expectations
U.S. benchmark crude-oil prices climbed on Tuesday, but marked a fourth monthly loss in a row. “Oil prices have fallen for the month due to an extremely warm winter in the U.S. and Europe,” said J
Natural gas declined as traders took some profits off the table after the recent rally.
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