NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil and natural gas prices remain influenced by geopolitical tensions and technical breakouts, but weak fundamentals and oversupply continue to limit sustained upside.
Oil rose in Asia morning trade as markets stayed focused on geopolitical tensions.
Oil prices moved slightly higher on Thursday after Ukrainian attacks on Russia's oil infrastructure signalled potential supply constraints, and stalled peace talks tempered expectations of a deal rest
U.S. and Russia failed to reach breakthough on Ukraine peace deal.
Crude oil rallies into key technical barriers, including a downtrend line, the 50-day EMA, and the $60 level, but the analyst maintains a bearish stance due to persistent high supply and weak demand,
Crude oil rises as failed peace talks revive the risk premium, while traders watch the 50-day MA and await EIA data to gauge demand, supply, and inventory trends.
The major oil producers known as OPEC+ unwound previous output cuts faster than expected this year — increasing quotas at a time when global oil prices have dropped around 16% year to date.
In an exclusive interview, Mikhail Khodorkovsky says Vladimir Putin has abandoned his previous pragmatism — and reveals the U.S. oil company he nearly merged Yukos with.
Crude oil steadies as traders weigh geopolitical risks and rising inventories, while natural gas holds support within a broader uptrend.
Oil was down in early Asian trading following a choppy session, as geopolitical tensions roiled the market, ANZ research analysts said.
Oil prices fell for a second day on Wednesday as investors waited to see if peace talks in the Russia-Ukraine war could open up more supply amid wider concerns about a surplus, highlighted by rising i
Crude oil tightens inside a falling low-volatility channel, rejecting the 20-day MA again at $59.36 and printing lower lows toward $57.21–$57.77 support zone.
Trump's special envoy Witkoff is discussing the details of a Ukraine peace plan with Russia's Putin in Moscow.
WTI oil and Brent markets attempted early rallies but quickly reversed from key downtrend levels. Both grades continue to struggle with heavy supply pressures and weak demand, keeping prices capped an
OPEC+ members will undergo an annual assessment of their oil production capacity starting next year for use in 2027, OPEC+ sources said, to ensure that the group sets output quotas that are more close
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