NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the energy markets, what to expect from the OPEC+ meeting this weekend, oil price trends
CNBC's Becky Quick reports on company's quarterly earnings results.
Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output targets and lacklustre demand offset geopolitical risks to supply, a Reuters poll showed on Friday.
CNBC's Becky Quick reports on the company's quarterly earnings results.
Exxon Mobil on Friday reported third quarter earnings that fell year over year, as oil prices tumbled due in large part to OPEC+ increasing production.

Chevron Profit Falls on Lower Oil Prices

06:28am, Friday, 31'st Oct 2025
Chevron said its third-quarter profit fell, citing lower crude oil prices and expenses from its acquisition of Hess.
Chevron's net income declined 21% year over year to $3.54 billion, or $1.82 per share, as oil prices fell and costs rose due to the Hess acquisition. But the oil major achieved record production of 4.
Gold has retreated from record highs since 21 October, while oil has gained strongly as there has been some de-escalation of the American-Chinese trade war and the USA introduced new sanctions on majo
WTI crude faces bearish pressure as supply outpaces demand, dollar firms, and prices near the $59.27–$58.49 Fibonacci support zone.
Futures for the S&P 500 were up but stock markets in Asia and Europe were mostly down as a highly anticipated U.S.-China agreement received a muted response.
Natural gas breaks out above $4.07 as oil prices slip for a third month, pressured by strong global supply and record U.S. output of 13.6 million bpd.
The world's biggest oil exporter, Saudi Arabia, may reduce its December crude price for Asian buyers to multi-month lows due to ample supplies, but demand to replace Russian supplies hit by Western sa

Oil Falls Ahead of OPEC+ Meeting

08:44pm, Thursday, 30'th Oct 2025
Oil fell in the early Asian session. “The market is now watching this weekend's OPEC+ meeting and discussions of its output policy,” ANZ Research said.
Oil prices eased on Friday, heading for a third straight monthly decline, as a stronger dollar capped commodities gains while rising supply from major producers globally offset the impact of Western s
Crude oil tested $59.96 at the 20-day average, forming a hammer, with a close above $61.37 eyeing $62.37.
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