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

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$116.15
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At Close: Jun 05, 2026
Venezuela's defaulted debt has become the hot ticket on Wall Street as the White House tightens its grip of oil from the South American nation.
Oil outlook turns bearish as Venezuela production boost and inventory builds pressure crude oil futures. Technical analysis shows key support level at risk.

U.S. Venezuela Oil Plan

04:44am, Thursday, 08'th Jan 2026
The U.S. administration says it will control Venezuela's oil sales indefinitely, with Energy Secretary Chris Wright telling CNBC the plan is needed to drive change in the country. European stocks look
Norway's offshore oil and gas output will remain broadly steady in 2026, but investments are seen falling by 6.6%, signalling a slowdown in activity and declining production towards the end of this de
Bobi Wine, the main opposition candidate in Uganda's presidential election next week, said he would review the country's agreements with international oil firms if he won power and revise any that did
Nigeria's anti-graft agency will press ahead with a probe into the former head of the downstream oil regulator, even after billionaire Aliko Dangote's lawyers withdrew a petition that triggered the in
Fourth-quarter upstream production is expected between 1.84 million and 1.94 million barrels of oil equivalent a day, up from 1.83 million in the third quarter.
Oil rebounds on tight supply as Fibonacci resistance caps gains, while natural gas stabilizes near support ahead of key US jobs data.

US Strategy on Venezuelan Oil Takes Shape

01:36am, Thursday, 08'th Jan 2026
US President Donald Trump's administration said it would take control of as much as 50 million barrels of Venezuelan oil. The strategy thrusts the federal government into direct involvement in the int
Oil prices fell after the U.S. announced plans to import Venezuelan crude, increasing oversupply concerns, while mixed inventory data and bearish technical signals highlight continued market uncertain
Former Reagan economist Art Laffer and former Trump adviser Steve Moore discuss falling oil prices and how lower energy costs are impacting inflation on ‘Kudlow.' #fox #media #breakingnews #us #usa
U.S. President Donald Trump and his advisers are planning an initiative to dominate the Venezuelan oil industry for years to come, and the president told aides he believes his efforts could help lower
Increased supply from Venezuela could help drivers at the pump—but it might strain the industry.
The U.S. president believes the effort could lower oil prices to his target price of $50 a barrel.
Oil prices gained slightly on Thursday, rebounding from two days of declines, as a larger-than-expected draw in U.S. crude inventories provided some impetus for investors to buy futures while they mon
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