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
Oil prices were mixed on Tuesday ahead of a decision on lending benchmarks by China, with the world's second-largest economy widely expected to cut key rates to shore up a slowing recovery.
Oil traders decided to take some profits off the table after the recent rebound.

Oil Prices Fall On Fears Over China Growth

05:54am, Monday, 19'th Jun 2023
The world's second-largest economy hasn't bounced back as quickly as expected after Beijing relaxed Covid-19 restrictions.
Global oil prices face a significant decline as worries over China's economy outweigh the impact of OPEC+ cuts and oil rig reduction in the US.
Global oil prices fell on Monday, backing off last week's gains as questions over China's economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating

Oil futures gain more than 2% for the week

03:01pm, Friday, 16'th Jun 2023
Oil futures climbed on Friday, with U.S. benchmark prices posting a gain of more than 2% for the week. “Chinese oil demand has been the biggest uncertainty in the market, with the International Ener
Oil markets continue to move higher ahead of the weekend.
A full return of Iranian oil production would have a significant impact on the global market, analysts say, but isn't likely even as some news reports this week suggested an imminent, interim nuclear
Crude oil markets initially fell during the week but have turned around to show signs of life. The question now is whether or not we are forming a bottom?
Crude oil markets have been very quiet during the trading session on Friday as we continue to see a lot of noisy behavior.
Russian President Vladimir Putin said on Friday that decisions made by the OPEC+ group to cut oil production were "depoliticised" and were not connected to what Moscow calls its "special military oper
Kate Richard, founder and CEO of Warwick Investment Group, discusses the global demand outlook for oil and gas prices, and why there's still under-investment in the energy sector.

Oil prices edge lower, trimming weekly gain

07:53am, Friday, 16'th Jun 2023
Oil futures edged lower Friday, trimming a weekly gain as investors continue to struggle with an uncertain demand outlook.
China's record-high oil refinery throughput strengthens demand, while a weaker US Dollar enhances affordability and boosts foreign WTI oil demand.
Oil prices edged lower in early trade on Friday, taking a pause from the previous session when futures gained steeply on optimism around higher energy demand from top crude importer China.
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