NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
From a big picture point of view, oil traders ignore worries about China's demand and focus on the upcoming start of the Fed rate cut cycle.
Former President Donald Trump is scheduled to formally accept his Republican party nomination and speak at the Republican National Convention (RNC) tonight. The energy sector (XLE) will be hanging on
The crude oil market has ran into a significant amount of hesitation after a big move and has started to pull back a bit. With this, the market will be looking for a bounce just below.
U.S. oil jumped 2.6% in the previous session after crude inventories declined.
A mini OPEC+ ministerial meeting next month is unlikely to recommend changing the group's output policy, including a plan to start unwinding one layer of oil output cuts from October, three sources to
Oil futures were straddling either side of unchanged early Thursday, struggling to build on gains seen the previous session after government data showed a larger-than-expected drop in U.S. crude inven
US crude oil prices surge with a 4.9 million barrel inventory decline, indicating robust demand. Learn how global factors influence today's oil market.
Brent crude oil hovers above $85, reflecting a bullish sentiment in the oil market as traders anticipate further gains.
Oil prices ticked higher on Thursday, buoyed by a bigger-than-expected weekly decline in U.S. crude stocks.
Oil traders bet on a rebound after the recent pullback despite worries about the health of China's economy.
Crude oil (BZ=F, CL=F) prices are rebounding in Wednesday's trading session, ending a three-day slide. The Morning Brief welcomes on Rystad Energy global market analysis director and head of oil macro

Crude Oil Rises 2%; Five Below Shares Plunge

12:03pm, Wednesday, 17'th Jul 2024
U.S. stocks traded mixed midway through trading, with the Dow Jones index gaining around 200 points on Wednesday.

Crude Inventories Fall By 4.9 Million Barrels

10:46am, Wednesday, 17'th Jul 2024
Gasoline inventories increased by 3.3 million barrels, exceeding analyst expectations.
Daan Struyven, Goldman Sachs head of oil research, joins 'Squawk Box' to discuss the state of the energy market, impact of a potential second Trump term on energy and oil markets, and more.
Oil futures traded flat to slightly lower, struggling to hold on to gains seen after industry data showed a large drop in U.S. crude inventories ahead of official figures due Wednesday morning.
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