IEZ News and Press, iShares U.S. Oil Equipment & Services From 07/10/23

2023-07-10 05:30:00 ET Summary Financial and tech sectors face weak comparisons from late 2022, while the energy sector faces stronger comparisons and good growth from late 2022. The 'pandemic' influence will ripple through the S&P 500 numbers through the end of 2023. Fina...

2023-07-09 10:00:37 ET Summary The potential expansion of OPEC has made news recently. Politically, this may be desirable for OPEC, but none of the new members considered will make a big dent in total supply if these countries were to indeed join. The key thing to watch is if ...

2023-07-08 20:25:00 ET U.S. crude oil production is on track to set a record this year , up 9% Y/Y through April, helping to keep energy prices stable and blunt the efforts of Saudi Arabia and other oil exporters to drive them higher. The Energy Information Administration has foreca...

2023-07-06 18:50:29 ET Summary There is increasing evidence that the Permian Basin may peak soon; peak productivity per foot drilled may already be behind us. Analysts aren't paying enough attention to the paradigm shift that will ensue once this realization becomes mainstream. ...

2023-06-20 12:25:04 ET Energy is Tuesday's worst performing S&P sector, -3.5% with losses in all 22 components, as WTI crude oil reversed overnight gains to drop as much as $2/bbl to slip below $70/bbl before rebounding slightly. The weakness centers on worries about the strengt...

2023-06-17 20:25:00 ET United Nations Secretary General Antonio Guterres blasted fossil fuel companies this week for their attempts to justify continued oil and gas production as "incompatible with human survival." The energy industry's aim to deal with the emissions causing global ...

2023-06-15 16:30:00 ET Summary China’s disappointing recovery following the COVID-19 reopening this spring has been the major reason for the declining commodities markets in May. The UBS Constant Maturity Commodity Index declined 5.78% and the Bloomberg Commodity Index decl...

2023-06-07 15:32:43 ET iShares U.S. Oil Equipment & Services ETF ( NYSEARCA: IEZ ) - $0.0119 . 30-Day SEC Yield of 0.79% as of April. 30. Payable Jun 13; for shareholders of record Jun 08; ex-div Jun 07. For further details see: iShares U.S. Oil Equipment...

2023-06-07 13:35:45 ET Energy ( NYSEARCA: XLE ) is the biggest gainer among S&P sectors Wednesday, +2.5% , boosted by higher crude oil prices after a report showed refineries are raising their crude processing to the highest since August 2019, perhaps in anticipation of stro...

2023-06-05 10:31:51 ET Oil and gas stocks failed to maintain initial gains in early trading Monday after Saudi Arabia pledged to cut oil production by an additional 1M bbl/day and OPEC+ agreed to extend their current production targets through 2024. Brent crude oil ( CO1:COM ) f...