BATS:IEO

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

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$119.57
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At Close: Jun 03, 2026
U.S. banking crisis and Yellen's remarks about a potential U.S. default put additional pressure on oil prices.
Crude oil markets fell a bit during the trading session on Tuesday as we continue to see a lot of concerns about overall energy demand.
Oil futures traded lower on Tuesday, building on the previous session's losses, as investors focus on economic worries and awaited this week's Federal Reserve policy decision.
WTI oil market under pressure due to weak China data, US rate hike anticipation, and uncertainty despite positive Labor Day sales.

Oil prices end lower on ‘economic headwinds'

02:48pm, Monday, 01'st May 2023
Oil futures settled lower on Monday, giving back a portion of the back-to-back prices gains late last week. Overall, oil prices have “generally shifted lower over the past month as economic headwind
The weak economic data from China put pressure on the oil markets.
Oil futures fell Monday, kicking off May on a weak note after the U.S. benchmark eked out an April gain to snap a string of five straight monthly declines.

Oil Price Forecast / Update:

04:22am, Sunday, 30'th Apr 2023
Despite ongoing market concerns, WTI prices increased in April due to declining crude output and growing fuel demand.
So far, my prediction that Total U.S. oil production will set a new annual record in 2023 is on track to be correct.
Yahoo Finance Live discusses an increase in crude oil prices amid a week of uncertainty given a possible recession and a looming banking crisis.
Oil futures climbed sharply on Friday, leading U.S. prices to turn higher for the month. “The oil market selloff got out of control,” said Edward Moya, senior market analyst at OANDA.
WTI oil managed to settle back above the $76 level as traders bet on a rebound after the recent pullback.
Crude oil markets have fallen during the trading week again, and have blown through the gap that so many people were watching in both grades.
Ed Morse, Citi global head of commodities, joins 'Squawk on the Street' to discuss recent oil price action, if OPEC will cut production further, and more.
Crude markets continue to wait for the next move, is it a flush lower?
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