NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
February nonfarm payrolls fell 92,000, missing the 58,000 forecast badly. With oil soaring and jobs weakening, the Fed's dual mandate is now at risk.

Kuwait Cuts Oil Production as Storage Fills Up

08:44am, Friday, 06'th Mar 2026
The cuts signal a broader storage crisis that poses new risks to the global market.

Oil Prices Will Dictate When This War Ends

08:40am, Friday, 06'th Mar 2026
Equity, bond, and commodity markets are under pressure as oil prices surge amid escalating geopolitical conflict. The S&P 500 is exhibiting a near-perfect inverse correlation with oil; further oil pri
U.S. has issued a 30-day waiver to the world's third-largest oil importer, India, to resume purchase oil from Russia. The U.S. government is taking steps to curb rising oil prices, including offering
Oil fell for the first time in six days as the U.S. government is considering potentially intervening in the futures market to blunt rising ​prices and has given waivers to Indian refiners to buy Ru
Oil futures fell in early Asian trade after Treasury Secretary Bessent unveiled a stopgap measure to ease pressure caused by what he calls Iran's attempt to “take global energy hostage.”
President Donald Trump says the administration will take further action to reduce the pressure on oil. He says prices are already stabilizing.
Crude oil surged to a multi-year high above key resistance, reclaiming the 200-week average and triggering bullish patterns, signaling potential continuation of the long-term upward trend.
Oil prices have become a focus since the U.S. started military strikes targeting Iran.
American oil benchmark posts big gain.
Stocks resumed their decline Thursday after a one-day respite as concerns over the Iran war flared up again with U.S. crude topping $80 per barrel.
Former U.S. Energy Secretary Ernest Moniz says oil could top $100 per barrel if tanker traffic through the Strait of Hormuz remains restricted over the next few weeks. The Trump administration says it
United Airlines Holdings Inc (NASDAQ: UAL) shares are trading lower Thursday afternoon, underperforming a weak tape as a geopolitical-driven oil spike reignited worries about airline fuel bills and pr
Oil is still “baking in the mother of all supply shocks” since the 1973 oil embargo, says one energy-market investor.
The ‌U.S. Treasury Department is expected to announce measures as soon as Thursday aimed ​at combating rising energy ​prices, including potential action involving the ⁠oil futures market, a se
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