NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil markets eye recovery as OPEC report nears. Analysts question if rising U.S. dollar and supply can curb oil demand growth.
A Dutch court on Tuesday ruled to dismiss a landmark climate ruling against Shell, which in 2021 had ordered the oil giant to drastically reduce its global carbon emissions. The outcome, which comes d
Natural gas and oil prices remain weak as China's $1.4T stimulus disappoints. OPEC's demand outlook and strong U.S. dollar weigh on energy markets.
The oil market faces bearish pressure, while natural gas prices surged higher.
Oil prices were little changed in early trading on Tuesday, awaiting further price direction from OPEC's monthly report after China's stimulus plan and oversupply concerns took the wind out of markets

Oil Edges Higher; Demand Forecasts in Focus

08:19pm, Monday, 11'th Nov 2024
Oil prices were up in early Asian trade. Concerns such as China's weak demand for oil have weighed on prices recently.
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Traders are worried that China's economy will not be able to gain strong momentum.
The crude oil markets got hit hard in the early hours of Monday, as we continue to see a lot of volatility. This is a market that will continue to see a lot of questions asked about the floor undernea
Oil futures picked up Monday where they left off at the end of last week, under pressure following disappointment out of news from China, the world's largest crude importer.
Oil outlook dims with China demand slipping and U.S. dollar strengthening, pressing crude futures below key levels and heightening downside risks.
With U.S. oil struggling at the $70 mark, market watchers question if a prolonged downtrend is ahead. Explore key levels and technical analysis.

Oil Falls; China Concerns Weigh

08:13pm, Sunday, 10'th Nov 2024
Oil prices were lower in early Asian trade. The market remains concerned about the effects of Trump's promised tariffs on China's economic growth, as it may crimp oil demand, ANZ said.
Oil prices extended declines on Monday as the threat of a supply disruption from a U.S. storm eased and after China's stimulus plan disappointed investors seeking fuel demand growth in the world's No.
Oil holds steady as Hurricane Rafael fears ease, but resistance at $71.63 looms. Will crude break higher next week or face demand-driven pressures?
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