NYSEARCA:OIH

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At Close: Jun 03, 2026
Oil prices fell after President Donald Trump said the U.S. would pause its naval escort endeavor in the Strait of Hormuz. Trump, in a Truth Social post, said the decision was based in part on "the fac

Oil Falls on Hopes of U.S.-Iran Peace Deal

08:13pm, Tuesday, 05'th May 2026
Oil fell in early trade on hopes of a U.S.-Iran peace deal that could reduce supply disruptions.
Crude-oil futures fell late Tuesday after President Donald Trump said his latest effort to partially reopen the Strait of Hormuz would be paused, to buy more time to reach an agreement to end hostilit
Oil was little changed at open on ​Wednesday morning after a volatile session ‌on Tuesday with U.S. crude oil inventories falling for a third week in ​a row as the shaky ​Middle East ceasefire
Marley Kayden discusses Coinbase (COIN) job cuts and crude oil prices as the U.S.-Iran fragile ceasefire still remains intact. Sam Vadas highlights that U.S. economic data did not show any impact from
This year's roughly 80% surge in oil prices has done little to diminish demand for crude globally
WTI crude oil holds near key moving average support, with price action approaching critical levels that could determine whether the next move is a breakout or deeper retracement.
Chevron CEO Mike Wirth warns global oil shortages are coming as the Strait of Hormuz closure disrupts supply chains, with gas prices up over 41%.

Saudi Arabia cuts Arab Light June OSP for Asia

03:44pm, Tuesday, 05'th May 2026
Saudi Arabia has ​set the ‌June Arab Light ​crude oil ​official selling price ⁠to ​Asia at $15.50 ​a barrel above the Oman/Dubai ​average, ​down from the previous ‌month, ⁠Saudi
‘The Big Money Show' panel breaks down rising Iran tensions as U.S. forces secure the Strait of Hormuz, oil prices react and Americans face higher gas costs amid a volatile global energy fight. 0:00
California Independent Petroleum Association CEO Rock Zierman joins ‘Varney & Co.' to warn that state policies are slashing in-state oil production, driving up gas prices and increasing California's

What It Will Take to Fix the Oil Market

02:32pm, Tuesday, 05'th May 2026
The standoff around the Strait of Hormuz has removed millions of barrels of oil from markets, exposing stockpiles, spare capacity and even OPEC. Here's what would get energy markets back on track.
Oil markets are losing ground as U.S. did not react to Iran's attacks on UAE.
Oil futures retreated from four-year highs on Tuesday, as the ceasefire between the U.S. and Iran remains fragile. That's after Washington kick-started operation Project Freedom to ease the disruption
What's good for energy stocks may be bad for precious metals if the rally in crude means a rise in Treasury yields, which usually means lower gold prices.
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