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

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At Close: Jun 04, 2026
Helima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses the U.S. attack on Syria and what it means for the global economy.
Oil prices rebounded from two-week lows, climbing on Friday after U.S. warplanes bombed targets linked to Iran in eastern Syria, ratching up tensions in an already tense Middle East.
WTI, Brent oil prices surged after U.S. strikes on Iran but face a weekly decline, despite a bullish outlook.
Oil futures finished lower on Thursday, with U.S. benchmark prices settling at their lowest in two weeks. “The ongoing conflict between Israel and Hamas is causing volatility in crude prices despite
Meanwhile, oil traders are waiting for the news from the Middle East.
There are four reasons why oil prices are not trading that much higher than they did before the Hamas attack on Israel nearly three weeks ago, according to Capital Economics.
U.S. waterborne imports of crude from OPEC+ members including Saudi Arabia have dropped steadily over the last year, further tightening supplies in the U.S. while supporting other markets including Eu
Crude oil markets have fallen during the early hours on Thursday, as we continue to see a lot of geopolitical noise influence the oil markets.
Oil futures finished higher on Wednesday after posting three consecutive session losses. “Trading is being driven more by global factors like political developments in the Middle East more than week
Recent reports suggest that Israel continues to prepare for the ground operation against Hamas in Gaza.
"Crude oil (BZ=F, CL=F) prices fell for a fourth-straight day as diplomats mitigate the fallout from escalations in the war between Israel and Hamas. In addition, a weekly report from the U.S. Departm
Oil markets remained under pressure as traders focused on rising inventories, weak economic data from Europe, and Israel-Hamas conflict.
Crude oil markets stabilized a bit during the trading session on Wednesday, as it looks like we are continuing to consolidate longer term.
Oil prices were treading water early Wednesday after falling for three straight sessions and wiping out more than half of the gains that followed the start of the Israel-Hamas war.
Fears of waning demand in Europe have overshadowed geopolitical tensions, dragging down WTI and Brent crude oil prices.
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