NYSEARCA:OIH

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At Close: Jun 08, 2026
The European Commission will announce a more detailed strategy to phase out Russian oil and gas imports next month, it said on Monday, after twice delaying the plan.
Futures traders are navigating a minefield as new tariffs send shockwaves across equities, commodities and Treasuries.
OPEC sees President Donald Trump's tariffs weighing on crude oil demand and global economic growth. Key members of OPEC+ will accelerate oil production even as demand and economic growth soften.
Brent crude rose 1% on Monday, lifting shares in UK oil majors BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL), even as OPEC lowered its forecast for global oil demand growth in 2025 and cut its
The oil markets look as if they are trying to figure out whether or not we just made a bottom. Remember, this is a process, and therefore it is likely that we will take some time in order to determine
JPMorgan's Arun Jayaram isn't sitting on the fence regarding oil giants jockeying for investor attention. He's got a clear favorite, and it's not Occidental Petroleum Corp OXY.
Trump has slapped 145% tariffs on China, while hitting pause on duties for most other countries for the next 90 days to allow negotiations.
The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise decision to boost output, citing the impact of U.S. tariffs on the global econom
OPEC cut its 2025 global oil demand growth forecast on Monday, citing the impact of data received for the first quarter and trade tariffs announced by the U.S., and also reduced its global economic gr
Russia, the world's second biggest oil exporter and the second largest natural gas producer, sees stable crude production and significant growth in natural gas production and exports over the next qua
Kazakhstan's oil output fell in the first two weeks of April from the March average, but is still above the OPEC+ quota it has pledged to meet after months of overproduction, an industry source told R

BP makes new oil discovery off US Gulf coast

05:03am, Monday, 14'th Apr 2025
BP made an oil discovery in the Far South field in the U.S. Gulf of Mexico, the UK-based oil major said on Monday.
Initial data shows high-quality reservoirs and a potentially commercial volume of hydrocarbons, the company said.

Eni: Demand Side Dampens Oil Outlook

04:39am, Monday, 14'th Apr 2025
Eni S.p.A. is undervalued with an EV/EBIT of 2.3x for E&P and traditional oil businesses, significantly below peers, indicating a potential relative value play. Investments in Enilive and Plenitude ar
Lebanon's Economy Minister Amer Bisat discusses the impact of US President Donald Trump's tariffs and lower oil prices amid efforts to rebuild the economy. Lebanon adopted a draft law on restructuring
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