NYSEARCA:OIH

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At Close: Jun 08, 2026
Oil markets continue to move lower amid demand worries.
Brian Kessens gives his outlook for crude oil after its recent sell-off. He looks at OPEC+ companies, saying they need “$80-$90 dollars” a barrel prices to shore up their own finances.
Helima Croft, RBC Capital Markets head of commodities, joins CNBC's 'Squawk on the Street' to discuss outlooks on energy, expectations from OPEC, and more.
The crude oil markets look as if they are trying to form some kind of basing pattern, as we continue to see a lot of questions asked about the potential demand for the markets. The oil market will con
U.S. crude oil is down about 14% and Brent has fallen around 13% since Trump announced his tariffs last Wednesday.
Crude oil outlook stays bearish with macro risks, OPEC+ supply gains, and inventory builds offsetting any rebound from oversold technical levels.
Saudi Arabia is pushing ahead with megaprojects such as The Line in Neom. The kingdom's economy is still heavily dependent on oil revenues, but prices have been sliding.
Oil and natural gas prices stabilize after a sharp selloff, with key support levels holding firm amid oversupply concerns and rising geopolitical risks.
WTI crude oil broke its long-term support range and sharply declined following President Trump's speech on April 4.
Oil prices rose more than 1% on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns that U.S. tariffs might depress demand and lead to a global recession.

Oil Futures Rise on Likely Technical Recovery

08:29pm, Monday, 07'th Apr 2025
Oil futures rose in the early Asian session on a likely technical rebound after falling for a third consecutive session overnight.
Stocks close mixed. Market Domination anchor Julie Hyman breaks down the chaotic day of trading for April 7, 2025.
Brent crude futures and options contracts traded on the Intercontinental Exchange (ICE) hit record volumes on Friday, surpassing levels seen during the COVID-19 pandemic as investors braced for a glob
U.S. President threatened to impose an additional 50% tariff on China.
Oil prices fell to their lowest level in years on Monday as worries about the reciprocal tariffs President Donald Trump announced last week continued to ripple through global markets.
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