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

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$122.98
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At Close: Aug 04, 2026
Crude oil prices sank to their lowest levels in months following President Trump's announcement of an agreement with Iran to reopen the Strait of Hormuz.
Crude oil prices plunged near levels seen last June as the U.S. and Iran aim to sign a memorandum of understanding, leading to an immediate reopening of the Strait of Hormuz. Kevin Hincks explains how
Markets welcome US-Iran peace deal but prices may stay high as buyers race to refill depleted emergency crude stockpiles
The oil markets are selling off, as traders celebrate the idea of a potential ceasefire agreement on Friday that could lead to greater peace in the Middle East. That being said, there are some details
Oil prices fell sharply on Monday as Iran and U.S. appeared poised to end their four-month war. Commodity strategists say oil price volatility will persist as energy markets grapple with a challenging

Morning Bid: 'Let the oil flow'

06:41am, Monday, 15'th Jun 2026
What matters in U.S. and global markets today
U.S. energy shares fell in premarket trading on Monday as crude prices tumbled after Washington and Tehran reached an initial deal that could end ​the months-long conflict and reopen the vital Strai
One month-plus into the truce, supply-demand dynamics dominate as US production stays robust. WTI slides to $80.57 after channel violation, Brent defends $83.37 support, and Natural Gas trades at $3.0
Europe's benchmark stock index rose to a record high on Monday as investors welcomed a preliminary US-Iran agreement that could end the war and reopen the Strait of Hormuz. The Stoxx Europe 600 moved
Quantum Helium Ltd (AIM:QHE) said extended production testing at its Sagebrush-1 well in Colorado has confirmed helium-bearing gas and unexpectedly identified commercial oil production, opening a new
U.S. and Iranian officials said they had reached an agreement to end their war and reopen the Strait of Hormuz, a preliminary pact that sent oil prices falling but leaves the fate of Tehran's nuclear
A strong start to the week could be in store for financial markets after the U.S. and Iran reached a peace deal over the weekend.
The world is guzzling so much oil from commercial and strategic inventories that they risk falling below their minimum operating levels.
Brent crude oil futures may fall to around $80 per barrel by year-end if Strait of Hormuz isn't closed again, CBA said.
The U.S. has reached a peace deal with Iran, both President Donald Trump and Pakistani mediators said Sunday evening, with the president also announcing in a post on Truth Social an end to the U.S. bl
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