NYSEARCA:OIH

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$429.81
+15.11 (+3.64%)
At Close: Jun 08, 2026
Will energy prices recover? Market sentiment remains mixed as traders assess supply disruptions, recession risks, and demand forecasts.
Dan Pickering, founder and chief investment officer at Pickering Energy Partners, says U.S. President Donald Trump's "drill, baby, drill" policy is "not going to happen" and that OPEC action will be m

Oil Rises on Possible Technical Recovery

08:30pm, Thursday, 13'th Mar 2025
Oil rose on a possible technical recovery after oil futures dropped moderately overnight
Crude oil remains under pressure, consolidating near $65.50 support. A potential double bottom hints at a bullish breakout, but resistance near $69.26 may challenge upward momentum.
Oil markets are down by 1.5% as traders worry that trade wars will hurt demand.
Oil prices (CL=F, BZ=F) fall as expectations of increased supply pressure the commodity's futures. Tortoise senior portfolio manager and managing director Rob Thummel shares his stock picks in the sec
U.S. stocks traded lower midway through trading, with the S&P 500 falling more than 1% on Thursday.
Oil prices slipped on Thursday after surging in the previous session on a larger-than-expected draw in U.S. gasoline stocks, as markets weighed macroeconomic concerns and demand versus supply expectat
OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output curbs, as members including Saudi Arabia, seek to boost their revenues and market share, accordi
The crude oil markets continue to see a lot of action at a massive support level, but at this point in time, we don't see the necessary momentum to get the market rallying significantly.
Crude oil prices hold steady as supply tightness supports the market, but economic fears and trade risks keep upside momentum in check.
Oil futures edged lower Thursday morning, after the International Energy Agency's monthly report underscored worries that rising global trade tensions could undercut energy demand.

Oil Demand Threatened by Trade War, Tariffs: IEA

06:04am, Thursday, 13'th Mar 2025
The escalating trade war is putting pressure on global oil demand at the same that OPEC+ is reviving output, threatening to deepen a supply surplus, the International Energy Agency said. Toril Bosoni,
The International Energy Agency said the macroeconomic conditions underpinning its oil-demand projections have worsened over the past month due to global trade tensions.
Oil prices face resistance as OPEC+ struggles with supply cuts. Will demand hold steady, or is a downturn ahead?
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