NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
A tanker carrying 1.4 million liters of industrial fuel capsized off the coast of Philippines, leading to one casualty and a vast oil spill, local authorities said Thursday. Sixteen other crew members
Oil prices drop as traders weigh U.S. inventory draws and China's weak demand. Wildfires in Alberta disrupt major oil production sites, adding uncertainty.
French oil major TotalEnergies reported a 14.6% rise in second-quarter earnings, below analyst expectations, as higher oil prices lifted crude sales and offset weaker refined product and gas sales.
Oil prices dip below $77 amid weak Chinese demand and Middle East ceasefire talks, raising concerns of further market sell-offs.
Oil prices eased on Thursday as concerns over weak demand in China, the world's largest crude importer, and expectations of a nearing ceasefire deal in the Middle East overcame gains in the previous s
Bank of America analysts have downwardly revised their expectations for oil and gas companies' upcoming second quarter earnings reports.   The analysts wrote in a note to clients that they cut their
The bullish EIA report provided support to oil markets, although traders remained worried about China's economic problems.
Democratic U.S. lawmakers on Wednesday introduced a bill to hold energy companies accountable if they are found by federal regulators to have colluded with the Organization of the Petroleum Exporting

How the 2024 election could impact oil prices

01:00pm, Wednesday, 24'th Jul 2024
Oil prices (BZ=F, CL=F) break out of their three-day losing streak Wednesday morning due to falling US crude supply. Truist Securities energy research managing director Neal Dingmann joins Morning Bri
Russian crude oil production in June exceeded quotas set by the OPEC+ group but the energy ministry pledged on Wednesday to stick to the required output level in July.

Crude Inventories Decline By 3.7 Million Barrels

10:52am, Wednesday, 24'th Jul 2024
Gasoline inventories decreased by 5.5 million barrels, missing analyst expectations.
By RoboForex Analytical Department
The crude oil market is going to continue to see a lot of choppiness from what I see, but we have reached the “measured move” of a head and shoulders in the Brent market, perhaps attracting techni
U.S. crude oil bounced back Wednesday, snapping a three-day losing streak. Falling U.S. inventories and the risks that wildfires in Canada could disrupt production are providing support.
Oil prices rebound as U.S. crude stocks drop 3.9 million barrels. Traders eye EIA report and Canadian wildfires for further price support.
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