NYSEARCA:OIH

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$414.70
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At Close: Jun 05, 2026
Traders worry that rising supply will put significant pressure on oil prices.
OPEC+ is planning an output hike in November, according to early reports. CNBC's Dan Murphy has more.

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The crude oil market has fallen a bit in the early hours of Monday, as we are trying to continue the overall sideways action that we have been in for some time now. At this point, oil still looks like
French integrated oil company TotalEnergies announced on Monday it was reducing capital expenditures by $1 billion per year, the latest in a series of cutbacks announced by the industry.
Macro Oil extended gains into late September, but the risk-reward is getting tighter. The Dallas Fed's Q3 Energy Survey—covering 139 firms (93 E&Ps, 46 services) from September 10–18—shows risin
Crude oil dips as Kurdistan restarts exports and OPEC+ plans output hike. Traders eye key support while geopolitical risks add bullish pressure.
Saudi Arabia, the world's biggest oil exporter, is expected to lift November crude oil prices for Asian buyers to track gains in Middle East benchmarks, although rising supplies would limit those incr
Natural gas and oil prices hold channel support as traders await OPEC+ decisions, balancing supply growth with geopolitical risk.
Oil prices slipped nearly 1% on Monday after Iraq's Kurdistan region resumed crude oil exports via Turkey over the weekend and as OPEC+ plans another oil output hike in November, adding to global supp
Oil prices have fallen from over $80 per barrel at the start of the year but have mostly traded in a narrow range of $60-$70 per barrel since OPEC began production increases in April.
OPEC+ will likely approve another oil production increase of at least 137,000 barrels per day at its meeting next Sunday, as rising oil prices encourage the group to try to further regain market share
Crude oil futures rally as Russia's export bans and OPEC+ shortfalls tighten global supply. Weekly oil outlook targets $69.34 with bullish momentum intact.
The crude oil market continues to see a lot of momentum, but we are starting to struggle overall. This is a situation where we are trying to change the overall trend of the markets, as oil is in a sta
WTI crude steadies above $65 with bullish momentum, while natural gas stalls near $3.30 resistance, leaving traders cautious on the next move.
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