iShares US Oil & Gas Exploration & Production ETF

IEO

Market cap $595M

U.S. Interior Secretary Doug Burgum discusses President Donald Trump's Strait of Hormuz tanker blockade, Iran peace talks, and oil volatility on 'Mornings with Maria.' #foxbusiness #morningswithmaria 0:00 Intro & Current Oil Prices 0:32 President Trump on Oil Prices & Strait of Hormuz Blockade 1:49 Doug Burgum on Trump's Energy Dominance Policy & Record Production 3:13 Outlook for $3 Gas & Northeast Pipeline Project 6:29 Streamlining Permitting, Regulations & US Energy Revenue 8:46 Marine Minerals Administration & Critical Resources

The crude oil markets continue to see a bit of noise in general, but so far, the Thursday session is quiet for once.

Why did Fed rate cut odds collapse from 43% back to 14% in five days? March CPI hit 3.3% with energy up 10.9%, oil reversed back toward $100, and the FOMC minutes signaled patience.

There are two oil markets. Your financial adviser — bless his expensive haircut — only knows about the fake one.

WTI Crude stabilizes at $92 as traders weigh Strait of Hormuz risks against a strengthening inventory build. Discover if $91 support holds or if $87 is the next stop.

Elevated oil prices no longer seem to be an issue for the U.S. stock market, but that could change.

Investors turned back to risk on hopes that a peace deal between the U.S. and Iran would soon be agreed, with the Nasdaq and S&P 500 looking to extend record highs.

Income from production is expected to rise significantly, TotalEnergies said, reflecting a surge in prices during the Middle East tumult.

French oil group Maurel & ​Prom's first-quarter sales more than doubled ‌to $163 million from $64 million a year earlier, driven by a 41% surge in its quarter-on-quarter ​average oil sale price to $90.8 per ​barrel, the company said on Thursday.

Crude oil remains range-bound as supply disruptions, geopolitical tensions, and mixed macro signals maintain a risk premium while ongoing US–Iran negotiations keep the market volatile and without a clear direction.