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

OPEC's Production Pause Halts Oil's Slide

12:12pm, Thursday, 05'th Sep 2024
The agreement means that the market is less worried about oversupply heading into the fall.

Crude Inventories Decline By 6.9 Million Barrels

11:14am, Thursday, 05'th Sep 2024
EIA natural gas storage build of +13 Bcf missed analyst estimates.
Members of the OPEC+ oil alliance have delayed plans to hike production by a scheduled 180,000 barrels per day in October, according to two OPEC+ sources, who could only speak anonymously due to the s
The oil market continues to see selling pressure, as we are trying to sort out whether or not the bottom will hold. The market has been range bound for some time now, and we are at extreme lows, and t
Natural gas futures test key pivot at $2.145, with EIA report expected to spark volatility. Mild weather limits demand, but LNG exports provide price support.
The U.S. benchmark has shed more than 5% this week, while the Brent global benchmark is down 7.2%. Crude oil futures have lost all gains for the year.
Oil futures rose Thursday, attempting to get their footing after falling to their lows of 2024 on fears of an economic slowdown.
OPEC+ is nearing an agreement to delay an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, two sources from the producer group told Reuters on Thursd
Oil prices rise as U.S. crude inventories plunge and OPEC+ considers delaying output hikes. Read the latest on demand concerns and price forecasts.
Signs of weaker oil demand have pulled prices for the commodity to their lowest levels of the year, complicating plans by major oil producers to increase crude production in the fourth quarter.
Oil prices edged higher after hitting a 14-month low on weak China demand, as OPEC+ closes in on an agreement to postpone a planned production increase. Bloomberg's Will Kennedy reports.
The iShares U.S. Oil & Gas Exploration & Production ETF is heavily exposed to oil prices, with 75.5% of assets in E&P stocks. Macro concerns include China's struggling economy and US industrial hesita
OPEC+ delays and a strong U.S. dollar impact oil prices. Market sentiment remains bearish with key resistance levels posing challenges for further upside.
Andy Lipow, President of Lipow Oil associates believes that the supply picture for oil remains intact despite geopolitical tensions in the Middle East, and talks more about the faltering demand for oi
Oil was attempting to hold its line in early trade on Thursday after an overnight sell-off, as players grappled with weak demand alongside a possible delay to more supply entering the market next mont
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