Is Clinique Hydrating Jelly considered a moisturizer?

To assist my oily-dehydrated skin, I assumed this was a hydrating moisturizer when I bought it. However, I don’t think it is accomplishing much save moisturizing me and slightly irritating my skin. However, I am not sure if my dehydration is what caused the breakout part.

Is it better to seal it with the cream, stop using it, and apply the Soon Jung Barrier Cream instead?