NYSEARCA:OIH

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At Close: Jun 05, 2026
Rising crude inventories put pressure on oil prices.
The Investment Committee's debate the latest Calls of The Day.

U.S. Crude Oil Stockpiles Rise More Than Expected

11:57am, Thursday, 14'th Nov 2024
U.S. crude oil inventories rose 2.1 million barrels to 429.7 million barrels, surpassing analyst expectations for an increase of 1.1 million barrels.
Gasoline inventories decreased by 4.4 million barrels from the previous week.
The crude oil market continues to see a lot of support in the same area, in both grades of oil that I follow here at FX Empire. The market continues to see a lot of the same action over and over again
Crude supplies are expected to outstrip supply by more than 1 million barrels per day next year led by robust growth in the U.S., according to the International Energy Agency. In this article @LCO.1
Oil futures edge higher Thursday, consolidating after slumping in the face of a surging U.S. dollar, as investors weighed a forecast from the International Energy Agency and awaited U.S. inventories d
President-elect Donald Trump's pro-energy policies don't seem all that supportive for the oil market — at first glance.
Oil prices steady as IEA forecasts 2025 surplus; strong dollar and rising U.S. output add bearish sentiment to crude market outlook.
Global oil markets face a surplus of more than 1 million barrels a day next year as Chinese demand continues to falter, cushioning prices against turmoil in the Middle East and beyond, the Internatio
The International Energy Agency raised its forecast for this year's oil-demand growth but slightly trimmed next year's estimates, citing the impact of China's economic slowdown on consumption.
China's slow demand growth and a firm U.S. dollar push oil prices lower. Explore how these dynamics impact natural gas and oil market trends.
The oil market remains uncertain and shows bearish pressure, while natural gas prices are breaking through the resistance area.

Oil Edges Lower; Eyes on Global Demand Forecast

08:48pm, Wednesday, 13'th Nov 2024
Oil prices were lower in early Asian trade. Investors were still digesting OPEC's recent move to cut its forecast for global oil demand, ANZ Research said.
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also kept a lid on prices.
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