BATS:IEO

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

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$119.25
-0.320 (-0.268%)
At Close: Jun 04, 2026
Shares of Exxon Mobil Corp. XOM, +2.93% rallied nearly 3% on Wednesday and were on track for a record close, according to data going back to November 1972. It would be a fourth straight sessions of ga
Oil markets rally as traders focus on the current supply/demand balance.
Oil and gas activity in three key energy producing U.S. states has been rising with the latest jump in energy prices, according to a survey released on Wednesday, signaling a turn in producers' sentim

US oil prices surge to their highest level in 2023

12:19pm, Wednesday, 27'th Sep 2023
US crude oil prices hit their highest mark of the year on Wednesday.  West Texas Intermediate crude oil moved 3.62% higher to $93.64 a barrel.
Oil production cuts by the world's second- and third-biggest producers has caused a multi-month jump in the price of oil, though experts also attribute the price increase to other factors.
Oil markets test session highs as traders react to the EIA report.
Crude oil markets continue to see a lot of upward pressure, as it looks like we are trying to break out to the upside yet again.

Oil Might Gain

09:23am, Wednesday, 27'th Sep 2023
The recent selloff by crude oil might have been excessive; now a bounce seems possible.

Oil prices shake off mild pullback

07:01am, Wednesday, 27'th Sep 2023
Oil futures rose Wednesday, brushing off broader weakness across financial markets, as investors remain focused on tight crude supplies.
Brent and WTI crude oil futures rise indicates a mounting supply tightness concern, reshaped by OPEC's supply cuts, Russia's export decisions.
Oil prices ticked up in early trade on Wednesday, as markets focused on supply tightness heading into winter and a "soft landing" for the U.S. economy.
Oil traders bought the dip despite worries about the economy and the potential U.S. government shutdown.
Crude oil markets have consolidated during the Tuesday session, as we approach the 20-Day EMA.

$100 Oil Needs Western Drills to Stay Quiet

07:03am, Tuesday, 26'th Sep 2023
Saudi Arabia and Russia are reliant on high oil prices to fund infrastructure projects and the Ukraine war. U.S. and European oil companies are helping them with low investments.
Oil futures fell early Tuesday, extending a pullback from 2023 highs as investors appeared more worried about the global economic outlook after the Federal Reserve last week indicated it will keep int
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