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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
Oil futures rose Wednesday, finding support amid continued jitters over the potential for a broader Middle East conflict as traders awaited official U.S. data on crude and product inventories.
In the short term, oil prices are expected to be supported by anticipated inventory drawdowns and ongoing geopolitical tensions.
Oil prices rise despite increased U.S. stockpiles, driven by Middle East risks and Q3 demand forecasts.
Oil prices fell in early Asian trade on Wednesday after an industry group reported a surprise jump in U.S. stockpiles, fueling concerns about weaker-than-expected demand in the top oil consuming natio
Bill Perkins, Skylar Capital Management CEO, joins 'Closing Bell Overtime' to talk natural gas prices.

Crude Oil Price Forecast: At Key Decision Point

04:44pm, Tuesday, 25'th Jun 2024
Crude oil, testing resistance at 82.24, forms an expanding triangle, suggesting a potential breakout or retracement as a decision looms.
Nick Colas, DataTrek Research co-founder, joins 'Power Lunch' to discuss what he calls summertime surprises in the market.
Rising Lower 48 production pressures July natural gas futures; Fed policy impacts WTI oil prices; Brent oil prices await PCE index insights.

Can Crude Reach Higher than $80?

11:02am, Tuesday, 25'th Jun 2024
Crude could go up to $90 or $91 or higher in the second half of 2024, notes David Williams. He discusses what the $80 level means for crude oil (/CL) traders.
By RoboForex Analytical Department
Crude oil markets pulled back a bit during the early hours on Tuesday, but it looks like we are going to continue to find support just below. Because of this, I think the overall upward trajectory sho
U.S. crude oil is trading just above $81 per barrel as prices have pulled back. West Texas Intermediate and Brent are ahead 5.5% and 4.9%, respectively, for the month.
Oil futures were lower Tuesday morning, consolidating after front-month Brent ended the previous session at a nearly two-month high, buoyed in part by geopolitical worries.
Geopolitical risks, strong US summer demand, and tightening inventories support near-term oil prices despite concerns about China's economic recovery.

HSBC's Williams on Oil Volatility

02:28am, Tuesday, 25'th Jun 2024
Simon Williams, HSBC Chief Economist, CEEMEA, discusses oil volatility due to geopolitics, He speaks with Joumanna Bercetche on Horizons Middle East & Africa. -------- More on Bloomberg Television and
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