NYSEARCA:NRGD

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$23.76
-1.35 (-5.38%)
At Close: Jun 03, 2026
Oil weighs on petrochemical prices. Coronavirus weighs on China’s economy. SHI shares have tanked. An attractive dividend and valuation. Buying the dip with SHI
An ugly time in the oil patch. The commodity falls toward the bottom end of its trading range. Energy-related stocks continue to languish. Oil services companie
Volatility in the crude oil market. Oil-related shares have lagged. Oil services have done even worse. Mean reversion and value-seeking should lift OIH. OIH hol

Falling Supplies Support Crude Oil Rally

02:45am, Thursday, 09'th Jan 2020
A reduction in U.S. stockpiles and a rig count decline are bullish for oil. OPEC production cuts will further boost oil prices in the coming months. A weak doll
Wall Street has been witnessing a tough ride this month due to U.S.-China trade conflicts, weak global economic data, low inflation and political unrest in Hong Kong.
Amid bearish fundamentals, many investors have turned bearish on the energy sector and are seeking to tap this opportunity. For them, an inverse or leveraged inverse play on energy or oil could be an
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