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Buy OIH
$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil Closing in on $80 as EIA Reports Bullish Inventory Data
09:35am, Thursday, 07'th Mar 2024
We remain optimistic about near-term prices for crude and advise investors to buy stocks like VAL, MUSA and SUN.
Crude Oil Price Forecast – Crude Oil Continues to See Volatility
09:27am, Thursday, 07'th Mar 2024
Crude oil markets continue to be very noisy, and I think that is a sign that we are building up momentum in a market that is running out of time before we start to eventually breakout to the upside.
Crude Oil News Today: Rangebound Trade Reflects Global Supply-Demand Tensions
06:09am, Thursday, 07'th Mar 2024
Traders are currently debating whether crude oil's chart pattern suggests consolidation for a rally or distribution indicating a peak.
Oil prices edge higher after US stocks build less than expected
08:50pm, Wednesday, 06'th Mar 2024
Oil prices ticked higher on Thursday after U.S. crude inventories rose less than expected last week and fuel stocks saw large draws.
Natural Gas, WTI Oil, Brent Oil Forecasts – Crude Rises on Fed Chair's Rate Cut Hints
01:50pm, Wednesday, 06'th Mar 2024
WTI crude oil rises as Fed Chair Powell's rate cut signals boost demand outlook amid lower inventory build and ongoing OPEC+ production cuts.
US crude stocks rise less than forecast as refining ramps up- EIA
11:11am, Wednesday, 06'th Mar 2024
U.S. crude oil stockpiles last week rose less than expected as refining rates picked up sharply, data from Energy Information Administration (EIA) showed on Wednesday.
Crude Oil Price Forecast – Oil Continues to See Buyers on Dips
09:40am, Wednesday, 06'th Mar 2024
Crude oil markets continue to find buyers every time they do, and I think that it is probably only a matter of time before we truly break out. The Wednesday session has done nothing to change my attit
Oil prices rise ahead of Fed chair testimony, U.S. inventory data
08:13am, Wednesday, 06'th Mar 2024
Traders will be closely watching Powell's testimony before the House for detail on the possible timing of interest rate cuts.
Crude Oil News Today: Oil Prices Rebound Amid Supply Concerns
06:31am, Wednesday, 06'th Mar 2024
Powell's testimony, EIA inventories report could influence crude oil markets on Wednesday, amid concerns over China's growth target impacting demand.
Natural Gas and Oil Forecast: Modest Gains Post OPEC+ Cuts; Buy Today?
01:06am, Wednesday, 06'th Mar 2024
With OPEC+ cuts tightening supply, oil's subtle rally signals a cautious but optimistic market outlook; a pivotal moment for investors.
Oil fell slightly as China growth worries clash with output cuts
08:57pm, Tuesday, 05'th Mar 2024
Oil prices fell slightly on Wednesday as concerns about demand growth in China, the world's biggest crude importer, clashed with signs of supply tightness amid output cuts by major producers.
Natural Gas, WTI Oil, Brent Oil Forecasts – Gas Futures Dip Amid Supply Glut
01:32pm, Tuesday, 05'th Mar 2024
Natural gas futures drop slightly amid ample supply; crude oil falls despite China's economic boost and OPEC+ production cuts maintaining levels.
Crude Oil Price Forecast – Crude Oil Markets Continue to Pullback
09:19am, Tuesday, 05'th Mar 2024
Crude oil markets continue to be very noisy, as we have pullback during the early hours on Tuesday.
Oil Demand Dynamics for 2024: Asia-Pacific to Drive Growth
08:51am, Tuesday, 05'th Mar 2024
With energy consultancy Wood Mackenzie expecting strong oil market demand in 2024, this might be the right time to buy stocks like VAL, MUSA and SUN.
Oil prices fall as market shrugs off China growth pledge, OPEC+ production cuts
08:22am, Tuesday, 05'th Mar 2024
Traders have worried for months that faltering growth in China and an abundance of crude produced in the Americas will put downward pressure on prices.
