NYSEARCA:OIH

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$414.70
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At Close: Jun 05, 2026
John Driscoll, chief strategist at JTD Energy Services, discusses the outlook for the oil market.
Geopolitical tensions and China's deflation concerns weigh on natural gas and oil prices, as markets await key support and resistance level breaks.
Kang Wu, Global Head of Oil Demand Research at S&P Global, talks about China's impact on oil markets, and flags the persisting challenges for the country's oil demand.

Oil Slips on Concerns Over Potential Surplus

08:26pm, Sunday, 13'th Oct 2024
Oil slipped in early Asian trade. The market faces risk of a major correction in coming months, TD Securities said.
Oil prices fell by a dollar in early Asian trading on Monday after disappointing Chinese inflation data over the weekend stoked fears about demand.
As Israel-Iran conflict looms, will crude prices surge further? See how global tensions and market sentiment could influence oil futures next week.
Iraq produced 3.94 million barrels per day (bpd) of oil in September, less than its OPEC+ output quota of about 4 million bpd, an Iraqi official said on Saturday, as the country seeks to boost its com
Oil traders are waiting for additional catalysts.
The crude oil market has been noisy this past week, as we have been in the middle of the trading range for the last two years. All things considered, this is a market that will continue to look at thi
The crude oil market continues to see a lot of noisy behavior, as the market will see a lot of external factors as the reason we are moving. This market is often looked at as a situation where we are
Oil prices have gained more than 10% through Thursday's close since Iran hit Israel with ballistic missiles last week. The rally has eased, however, amid uncertainty over how Israel will respond.
Oil futures declined Friday but remained on track for back-to-back weekly gains as investors weighed the threat of a wider Middle East conflict that could threaten crude flows from the region.

Oil News: Prices Pull Back Amid Profit-Taking

06:35am, Friday, 11'th Oct 2024
Oil traders monitor the developments in the Middle East.
In order to avoid shocks to the energy sector, the U.S. and other Western nations maximized sanctions over the war with Ukraine without hurting Russia's oil industry.
Brent & WTI oil prices rise 1% as hurricane damage disrupts U.S. fuel supply, while Middle East tensions keep traders on edge.
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