BATS:IEO

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

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$117.72
+1.57 (+1.35%)
At Close: Jun 08, 2026

Too Much Oil And Not Enough Demand

07:28am, Wednesday, 09'th Apr 2025
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Crude sinks as U.S.-China tariffs threaten oil demand growth and oversupply fears mount. Market braces for prolonged price weakness.
The Arab Gulf states' warm relations with Trump and central role in U.S. diplomatic efforts should strengthen their hand when it comes to potential tariff negotiations, analysts told CNBC. A lower oil
Oil sank to a four-year low as an intensifying global trade war threatens to batter energy demand, with a fresh wave of US levies going into effect in a move that will deal a heavy blow to the global
WTI and Brent plunge to 4-year lows amid tariff fears and OPEC+ supply boost; traders eye $58.45 and $59.50 key pivot levels for recovery signs.
Oil futures declined in the early Asian session on worries over U.S. tariffs on oil demand.
A 48-month low and technical symmetry suggests crude oil may be near at least a short-term bottom, though continued weakness remains possible without a confirmed bullish reversal.
Oil markets continue to move lower amid demand worries.
Brian Kessens gives his outlook for crude oil after its recent sell-off. He looks at OPEC+ companies, saying they need “$80-$90 dollars” a barrel prices to shore up their own finances.
Helima Croft, RBC Capital Markets head of commodities, joins CNBC's 'Squawk on the Street' to discuss outlooks on energy, expectations from OPEC, and more.
The crude oil markets look as if they are trying to form some kind of basing pattern, as we continue to see a lot of questions asked about the potential demand for the markets. The oil market will con
U.S. crude oil is down about 14% and Brent has fallen around 13% since Trump announced his tariffs last Wednesday.
Crude oil outlook stays bearish with macro risks, OPEC+ supply gains, and inventory builds offsetting any rebound from oversold technical levels.
Saudi Arabia is pushing ahead with megaprojects such as The Line in Neom. The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding.
Oil and natural gas prices stabilize after a sharp selloff, with key support levels holding firm amid oversupply concerns and rising geopolitical risks.
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