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Buy OIH
$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Crude Oil Price Forecast – Crude Oil Continues to Find Buyers on Dips
11:24am, Friday, 24'th May 2024
The oil markets found a little bit of support on Friday, gapping higher to kick off the session. This is a market that has been weathering a bit of a storm lately, and therefore it has proven its reso
What is OPEC+ and how does it affect oil prices?
10:58am, Friday, 24'th May 2024
The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2 to discuss their joint oil production policy.
Copper prices to quadruple on surging green demand, legendary oil trader Pierre Andurand says
08:02am, Friday, 24'th May 2024
This is what world-renowned hedge fund manager Pierre Andurand reportedly said about copper markets as he predicted the price of the critical metal is set to quadruple to heights of $40,000 a ton over
Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off
07:59am, Friday, 24'th May 2024
U.S. crude oil hit an intraday low of $76.15, the lowest level since Feb. 26. WTI and Brent are on pace for a weekly loss of about 4% and 3%, respectively.
Oil prices on track for 5-day losing streak
07:42am, Friday, 24'th May 2024
Oil futures fell Friday morning, on track for a fifth straight decline as traders noted concerns that the Federal Reserve may keep interest rates elevated for longer than previously anticipated, posin
Crude Oil News Today: Fed Concerns Weigh Despite Robust US Fuel Demand
06:27am, Friday, 24'th May 2024
Considering the economic backdrop, the hawkish Fed and OPEC+ supply decisions, the crude oil market outlook is bearish.
Natural Gas and Oil Forecast: Oil Fell Over 3% This Week; More Downside Ahead?
01:46am, Friday, 24'th May 2024
With oil falling over 3% this week, market analysts question the impact of Federal Reserve policies and OPEC+ decisions.
China's CNOOC signs oil exploration contract with Mozambique
09:58pm, Thursday, 23'rd May 2024
A subsidiary of state-run China National Offshore Oil Co , has signed oil exploration and production contracts with Mozambique's energy ministry and national energy company ENH, Chinese media said on
Oil flat as firming US gasoline demand offsets rate jitters
08:38pm, Thursday, 23'rd May 2024
Oil prices were steady early in the session on Friday as players took stock of the U.S. Federal Reserve's latest comments on interest rates amid sticky inflation, while firming seasonal U.S. fuel dema
Crude Oil Price Forecast: Faces Increased Selling Pressure
04:37pm, Thursday, 23'rd May 2024
WTI crude oil's lowest close since February 26 indicates weakening, with potential bearish continuation on a drop below 76.83.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows As Traders Focus On Rising Treasury Yields
02:22pm, Thursday, 23'rd May 2024
Oil traders worry that hawkish Fed may hurt oil demand growth.
Crude Oil Price Forecast – Crude Oil Continues to Consolidate in a Familiar Range
09:52am, Thursday, 23'rd May 2024
The crude oil markets bounced a bit in the early hours of Thursday, as the market continues to try to sort out whether or not we can break out of the consolidation.
Russia finds it challenging to keep the lid on oil output, analysts, sources say
09:33am, Thursday, 23'rd May 2024
Russia, in a rare admission of oil overproduction, said overnight that it exceeded its OPEC+ production quota in April for "technical reasons", a surprise move that analysts and industry sources say s
Oil prices bounce back after three-day decline but still on pace for weekly loss
08:36am, Thursday, 23'rd May 2024
U.S. crude oil is down 2.4% for the week while Brent, the global benchmark, is down 1.8%.
Oil prices attempt to snap 3-day losing streak
07:36am, Thursday, 23'rd May 2024
Oil futures rose Thursday morning, attempting to snap a three-day losing streak as investors weigh the outlook for Federal Reserve policy and crude demand.
