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 futures climbed on Thursday, buoyed by some signs of higher oil demand from China and strength in U.S. gasoline demand for the summer driving season, analysts said. July West Texas Intermediate cr
As we approach the midpoint of the year, the U.S. is still tracking toward a new annual oil production record for 2023.
WTI oil managed to settle above the $70 level as traders reacted to China refinery data.
Crude oil markets have been choppy over the last couple of days, as Thursday has seen a reversal of the Wednesday negativity.
Oil futures rose early Thursday, bouncing after a selloff the previous session in the wake of a large jump in crude inventories.
WTI Oil prices stabilize as China's slow recovery, weak industrial output and retail sales dampen optimism in the global oil market.
Higher-than-expected production and concern about slowing demand have been weighing on crude.
Oil prices edged higher on Thursday, recovering some ground from the previous day's plunge on worries about future U.S. interest rate hikes, with markets now looking to key Chinese economic data for d
Oil futures settled lower on Wednesday, with prices pressured by weekly increases in U.S. crude, gasoline, and distillate supplies reported by the Energy Information Administration. Oil prices extende
The EIA report put some pressure on the oil markets but traders remained focused on the upcoming Fed decision.
Oil investors appear to be adjusting expectations for tight crude supplies later this year, with the gap between nearer-term and further prices weakening despite the OPEC+ producers' group plan to dee
Crude oil markets rallied a bit during the trading session on Wednesday, as we continue to see a lot of back-and-forth trading.
Oil demand continues to rise. Meanwhile, supplies remain constrained as OPEC and U.S. producers keep a lid on production.
JPMorgan cut its oil price forecasts for this year and 2024 as it sees global supply growth offsetting a record rise in demand, while inventory build-up lowers the risk of price spikes.
Oil futures rose early Wednesday, turning positive for the week as investors awaited official data on U.S. petroleum inventories and a Federal Reserve interest rate decision.
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