NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
With a 3.9 million barrel drop in U.S. crude stocks, oil prices are nearing $77.40, reflecting market tightening and supply concerns.
Falling U.S. crude inventories caused oil prices to rebound on Wednesday after several days of decline, while expectations for a nearing ceasefire deal in the Middle East kept prices from continuing t
Worries about China's economic outlook serve as an additional bearish catalyst for oil markets.

Crude Oil Levels Fall Below $80

10:31am, Tuesday, 23'rd Jul 2024
David Williams points to key technical levels to watch for crude oil, as it falls below the $80 level. Later, he forecasts what could possibly slow down the 2024 market rally.
The crude oil markets were somewhat quiet in the early hours of Tuesday, as the market continues to see a lot of questions asked of the supply and demand issues, and of course the geopolitical concern
Crude oil futures have dropped to the lowest level since early June, despite escalating tensions between Israel and Houthi militants in Yemen. The oil price risk premium is nearly zero as the market h
Mosman Oil and Gas Ltd (AIM:MSMN) has increased its working interest in the Vecta helium project to 20%. The company acquired an additional 10% interest from Vecta Oil and Gas, issuing shares worth ap
Oil steadies Tuesday. Traders await US inventory data, expecting 2.5M barrel drop.
With Brent crude steady at $82.40, analysts predict possible upward momentum driven by improved market fundamentals and easing geopolitical tensions.
Oil prices slipped for a third trading session on Tuesday as investors focused on the prospect of swelling oil supplies and weak demand, while showing little reaction to U.S. presidential campaign uph
Rising tensions in the Middle East did not provide support to oil markets.
The crude oil market fell hard in the early hours on Monday, but also is nearing a significant amount of support just below current levels.
Jordan Finneseth is a Crypto Market Reporter for Kitco Crypto. Coming from a background in Psychology and Human Behavior, he began to focus his attention on the cryptocurrency space in early 2017 afte
Crude oil will likely be in a surplus next year with Brent crude prices dropping to the mid-to-high 70s range, analysts at Morgan Stanley (NYSE:MS) believe. In a note, the bank's analysts wrote that t
Oil prices stay flat as traders await Fed decision on rate cuts and assess U.S. political shifts. How will China's slow growth and Middle East tensions impact?
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