NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Crude oil futures hover at the $69.23 mid-point as Ukrainian drone strikes and Venezuela tensions clash with Putin peace talks. Key levels in focus.
Geopolitical tensions lift natural gas and oil as rising channels, EMA support and strong RSI readings point to further upside across energy markets.
Oil remains range-bound below key resistance despite geopolitical tensions, while natural gas extends its bullish breakout above $4.70, signaling continued upward momentum.

Oil rises on geopolitical risks to supply

08:58pm, Monday, 01'st Dec 2025
Oil prices climbed in early trade on Tuesday for a second consecutive session as market participants assessed risks stemming from Ukrainian drone strikes on Russian energy sites and mounting U.S.-Vene

Oil Edges Higher Amid Supply Chain Disruption

08:28pm, Monday, 01'st Dec 2025
Oil edged higher in early Asian trading amid supply chain disruption.
The attack on Russia's Novorossiysk oil export hub provided additional support to oil markets.
OPEC+ remains stable as the growing oversupply of offshore crude oil finally reaches onshore stocks, reinforcing a structurally bearish trend across the entire oil market. With production levels set u
Torbjörn Törnqvist is selling his stake in Gunvor after renewed scrutiny of the firm's Russia ties.
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
Crude oil futures rally 2% as drone strikes on Russian infrastructure and OPEC+ holding production steady reignite supply fears after a four-month losing streak.
Natural gas and oil rebound as OPEC+ holds supply steady and energy markets react to shifting geopolitical signals and improving technical momentum.
Oil rose in early Asian trade. Markets continue to focus on the progress of Russia-Ukraine peace talks, Nanhua Futures said.
Oil prices rose more than 1.5% on Monday after the OPEC+ meeting on Sunday decided against earlier planned production rises in the first quarter of next year.
WTI edges higher as traders assess peace talks, rising supply, weak oil demand, and OPEC policy, with analysis pointing to a bearish weekly oil outlook.
OPEC+ is likely to leave oil output levels for the first quarter of 2026 unchanged at its meetings on Sunday, three delegates from the group said on Saturday, moderating a push to regain market share
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