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 Falls on Possible Technical Correction

07:31pm, Sunday, 16'th Nov 2025
Oil fell in the early Asian trade on a possible technical correction after Friday's notable price gains in both WTI and Brent.
Chevron and Exxon are “deep-pocketed names that are thinking 20 and 30 years out.”
Crude oil nears key 52-week moving average as traders weigh short-term demand optimism against persistent global supply and inventory concerns.
WTI crude surges as geopolitical risk disrupts Russian supply. Market holds above support with traders watching the 50-day moving average.
Commercial crude oil inventories jumped 6.4 million barrels as U.S. production set new records and refinery capacity utilization rose to 89.4%.
Traders worry that Russia's oil exports may decline.
The International Energy Agency projects oil and gas demand could grow until 2050, shifting from previous peak oil expectations due to slower green adoption.
Crude oil rallied early Friday but quickly surrendered most gains as the 50-day EMA capped the advance. Persistent overhead resistance worries about global demand, and abundant supply continue to weig
Pipeline operator Enbridge will push ahead with a $1.4 billion expansion of its core network to boost deliveries of Canadian heavy oil and reach key refining markets in the U.S. Midwest and Gulf Coast
A buildup of U.S. military forces in the Caribbean Sea are raising concerns about a potential strike on Venezuela, which is home to the world's largest oil reserves.
Crude oil surges 2% as a Russian port attack disrupts supply. Bullish chart signals point to further gains if prices hold above key moving averages.
WTI rebounds on tighter supply expectations as sanctions loom, while natural gas holds its uptrend and Brent stabilizes despite rising global surplus concerns.
Oil prices rose more than 2% on Friday after a Ukrainian drone attack damaged an oil depot in the Russian Black Sea port of Novorossiysk.

Oil Rises Amid Possible Position Adjustments

08:17pm, Thursday, 13'th Nov 2025
Oil rose in the morning Asian session amid possible position adjustments.
Higher prices ahead of winter threaten to boost Americans' heating bills.
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