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iShares Trust - iShares U.S. Oil & Gas Exploration & Production ETF is an exchange traded fund launched by BlackRock, Inc. It is managed by BlackRock Fund Advisors. The fund invests in public equity markets of the United States. It invests in stocks of companies operating across energy, oil, gas and consumable fuels, oil and gas exploration and production sectors. It invests in growth and value stocks of companies across diversified market capitalization. It seeks to track the performance of the Dow Jones U.S. Select Oil Exploration & Production Index, by using representative sampling…

A U.S. oil and gas producer will announce a major investment into Venezuela on Wednesday, U.S. Energy Secretary Chris Wright told Fox News.

The national average price of regular gasoline jumped 16 cents in a single week to $4.

U.S. crude oil inventories fell for a third consecutive week while gasoline and distillate stocks saw increases.

WTI and Brent pull back as Saudi export fears ease, but bullish inventories and ongoing supply stress keep oil sensitive to fresh headlines.

Mark Zandi, Chief Economist at Moody's Analytics, says higher oil prices are hitting consumers and the economy hard, while the Fed is likely to raise rates despite a soft economy.