BATS:IEO

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

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$119.57
+1.95 (+1.66%)
At Close: Jun 03, 2026
The crude oil markets gapped higher on Monday after oil cuts were announced by OPEC, starting in May.
Crude oil markets did not trade on Friday in the futures pits, but it is worth noting that the Thursday candlestick closed essentially where we have been all week.

Will OPEC's Output Cuts Boost Clean Energy?

05:34pm, Thursday, 06'th Apr 2023
The organization announced unexpected production cuts for 2023 on Sunday.
U.S. oil futures settled slightly higher on Thursday and tallied a third consecutive weekly gain for the holiday-shortened trading week. It seems that West Texas Intermediate crude “isn't going to b
U.S. oil refiners are expected to report “record” quarterly profits during a traditionally weak season, analysts at BofA Securities said in a note Thursday, calling it a “golden age of refining.
Oil traders wait for additional catalysts that could push the oil markets out of the current trading range.
Yahoo Finance Live's Jared Blikre breaks down how oil and other commodities are moving on Thursday and the outlook for the energy sector.
Crude oil markets did very little during the trading session on Thursday, just as we've seen all week.

OPEC+ Cut Won't Throttle Chinese Oil Demand

09:43am, Thursday, 06'th Apr 2023
The U.S. is looking shaky, but the world's largest energy consumer is still in the early stages of its post-Covid recovery.

U.S. oil futures mark first loss in 5 sessions

02:59pm, Wednesday, 05'th Apr 2023
Oil futures settled modestly lower on Wednesday, with U.S. prices posting a loss for the first time in five sessions. Oil markets have priced in the initial shock of the announced OPEC+ production cut
The EIA report did not have a material impact on the price of oil as traders were not ready for big moves after the recent rally.
Crude oil markets have done very little during the trading session on Wednesday, as we continue to hang around the previous resistance area.
Despite OPEC+ output cuts, weak economic data in US and China keep oil prices stable.

Oil ticks lower ahead of U.S. inventory data

07:27am, Wednesday, 05'th Apr 2023
Oil futures drifted lower early Wednesday, steadying after sharp gains that followed a round of unexpected OPEC+ production cuts last weekend, as traders weigh worries over the economic outlook agains
An unexpected production cut announced on Sunday by OPEC+ oil producers complicates strained relations between the U.S. and Saudi Arabia, with investors seeing signs of geopolitical posturing in the d
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