NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
U.S. President Trump gave Russian President Putin 10-12 days to reach a truce with Ukraine.
The early hours have seen the crude markets bounce a bit on Monday, as we continue to see support at the same levels. At this point, it appears that the oil markets are settling into a summer range th
Oil prices rise as U.S.-EU trade deal boosts sentiment, OPEC+ stays course, and Saudi hikes OSPs, reinforcing a bullish crude oil outlook.
Saudi Arabia, the world's biggest oil exporter, may hike crude oil prices for Asian buyers for the second month in a row, with September prices set to hit five-month highs on tight supply and robust d

Oil prices to fall on lower demand : Haitong

04:13am, Monday, 28'th Jul 2025
Haitong forecasts Brent crude at $70 in 2025 and $65 in 2026, citing persistent oversupply. Despite trade deals and possible Fed easing, global oil demand growth is expected to stay around 1%, while s
Geopolitical tensions, OPEC+ indecision, and rising Venezuelan exports fuel uncertainty in oil and natural gas markets ahead of key policy updates.

Oil rises as US-EU deal lifts trade optimism

09:09pm, Sunday, 27'th Jul 2025
Oil prices rose on Monday after the U.S. reached a trade deal with the European Union and may extend a tariff pause with China, reducing concerns that potentially higher levies would limit economic ac
Crude oil battles trade tensions despite 3.2M barrel inventory draw. EU-US tariff threats weigh on demand outlook as OPEC+ production decisions loom ahead.
Crude oil holds above key MAs as traders eye OPEC+ output signals, Iran talks, and Venezuela supply. Read the latest oil outlook and technical analysis.
The S&P500 and Nasdaq closed at records Friday, driven by upbeat tech earnings, Fed rate expectations, and resilient US stock market performance.
Francisco Blanch, head of commodities and derivatives research at Bank of America Securities, expects to see “lower oil prices, but not necessarily prices crashing,” in the second half of the year
Oil markets are down by roughly 1.5% amid demand concerns.
The crude oil markets continue to see a general up trending attitude, but at the same time, it is obviously struggling with momentum. At this point, the support holds, but the buyers are tentative to
An OPEC+ panel is unlikely to alter existing plans to raise oil output when it meets on Monday, four OPEC+ delegates said, noting the producer group is keen to recover market share while summer demand
Crude oil holds firm above $65.38 pivot. Traders eye demand catalysts vs rising Venezuelan supply.
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