NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil prices slid in early Asian trade on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the top oil consumer, though worries a potential expansion of the Gaza war
Natural Gas' bearish trend indicates a challenging market environment, with oversupply concerns dominating trader sentiment.
The numbers are in, and they do all the talking.

IEO: Oil Prices Should Be Robust

02:33pm, Wednesday, 26'th Jun 2024
Uncertainty around S/D for oil is reduced by the OPEC+ telegraph. Geopolitical concerns create asymmetric upside for oil prices. While iShares U.S. Oil & Gas Exploration & Production ETF is oil-expose
Rising crude oil inventories and declining refinery inputs and gasoline production signal potential downward pressure on crude prices.
Dan Yergin, global vice chairman of S&P Global and author of 'The New Map: Energy, Climate, and the Clash of Nations,' joins CNBC's 'Squawk Box' to discuss oil and gas prices, energy demand, and more.
Oil prices fell Tuesday, but traders are hoping U.S. inventory will show that fuel demand is picking up. Expectations that the oil market will tighten and escalating tensions in the Middle East have p

Crude Oil Price Forecast: At Key Decision Point

04:44pm, Tuesday, 25'th Jun 2024
Crude oil, testing resistance at 82.24, forms an expanding triangle, suggesting a potential breakout or retracement as a decision looms.
Nick Colas, DataTrek Research co-founder, joins 'Power Lunch' to discuss what he calls summertime surprises in the market.
Rising Lower 48 production pressures July natural gas futures; Fed policy impacts WTI oil prices; Brent oil prices await PCE index insights.

Can Crude Reach Higher than $80?

11:02am, Tuesday, 25'th Jun 2024
Crude could go up to $90 or $91 or higher in the second half of 2024, notes David Williams. He discusses what the $80 level means for crude oil (/CL) traders.
By RoboForex Analytical Department
Crude oil markets pulled back a bit during the early hours on Tuesday, but it looks like we are going to continue to find support just below. Because of this, I think the overall upward trajectory sho
U.S. crude oil is trading just above $81 per barrel as prices have pulled back. West Texas Intermediate and Brent are ahead 5.5% and 4.9%, respectively, for the month.
Oil futures were lower Tuesday morning, consolidating after front-month Brent ended the previous session at a nearly two-month high, buoyed in part by geopolitical worries.
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