NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil prices retreated on Tuesday after the previous day's rally driven by halted production at Norway's Johan Sverdrup oilfield, but investors remained cautious amid fears of a potential escalation in
Oil edged higher in Asia's morning trade on supply outage concerns and geopolitical risks.
Rising geopolitical tensions provided additional support to oil markets.
Spirit Airlines Inc (SAVE) today filed for Chapter 11 bankruptcy protection amid mounting losses and $1.1 billion in debt.
U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining by more than 100 points on Monday.
Singapore oil tycoon OK Lim, one of the country's wealthiest men, has been sentenced to 17.5 years in jail for cheating HSBC and instigating forgery. Weilun Soon looks at one of Singapore's biggest tr
The crude oil markets are a bit mixed in the early hours of Monday, as the two markets that I follow here at FX Empire are sitting on major support levels. Because of this, the short-term traders out
Helima Croft discusses the potential impact of Chris Wright as Secretary of Energy, expecting less regulation and a rollback of Biden's LNG pause. She highlights the role of shareholder demands in dri

Why Big Oil Doesn't Mind Big Regulation

07:00am, Monday, 18'th Nov 2024
Donald Trump's call to undo Biden-era regulation isn't welcome news for all fossil-fuel producers.
Oil futures were finding some buying interest Monday morning after a weekend decision by President Joe Biden to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia.
Tensions escalate in Ukraine, lifting oil prices temporarily, while weak Chinese demand and surplus forecasts maintain bearish market sentiment.
China's declining refinery output and weak demand weigh on price recovery, despite geopolitical tensions and market volatility.
Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world's second-largest consumer, and forecasts o
Oil prices were mixed in early Asian trade as market sentiment was weighed by persistent concerns of weak demand in China.
CFRA Research Energy equity analyst and deputy research director Stewart Glickman joins Asking for a Trend to discuss his outlook on oil prices (BZ=F, CL=F). Glickman forecasts "mediocre" crude oil pr
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