NYSEARCA:OIH

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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Crude oil markets have bounced a bit during the trading session on Thursday, as it looks like the oversold condition may be trying to correct itself.
Oil futures rose Thursday, attempting a bounce after a five-day slide that sent the U.S. benchmark back below the $70-a-barrel threshold in the previous session, as crude ended at its lowest since lat
Brent and WTI crude rebound, OPEC+ cuts, China's demand, and inventory rise hint at an uncertain, bearish oil market trend.
Oil prices recouped some of their losses in early Asian trading but remained at the lowest levels since June, after falling in the previous session on high U.S. crude output and gasoline inventories.
Carter Worth, Worth Charting, joins 'Fast Money' to talk the technicals of crude oil pricing and the 10-year yield.
Oil prices fell nearly 4% to their lowest levels since June on Wednesday amid concerns about weak global energy demand and rising gasoline inventories in the U.S.
Crude oil (CL=F) dipped below $70 per barrel on Wednesday, weighed down by demand concerns. Tortoise Senior Portfolio Manager Rob Thummel believes negative demand sentiment is fueling oil prices to th

Oil slides 25% from summer highs on demand drop

05:15pm, Wednesday, 06'th Dec 2023
Crude oil (CL=F, BZ=F) is down 25% from a late summer high that hit $95 per barrel. Inventory challenges and demand concerns ripple through international markets after OPEC's 2024 production cut annou
Oil futures fell for a fifth straight session Wednesday, leading U.S. prices to settle below $70 a barrel for the first time in more than five months. “The market is doubtful about the efficacy of O
Oil traders stay focused on the weakness of oil demand.
U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point this year ahead of the holiday shopping and travel season.

Crude Inventories Declined By 4.6 Million Barrels

10:46am, Wednesday, 06'th Dec 2023
Oil prices remain under pressure as gasoline inventories increased by 5.4 million barrels.
Crude oil markets broke down rather significantly during the trading session on Wednesday, as we are now through major support.
Oil futures fell Wednesday morning, on track for a fifth straight losing session, as traders continued to look through additional OPEC+ production cuts, while industry data showed a rise in U.S. crude
Oil prices decline amid stronger U.S. dollar with OPEC+ voluntary output cuts, China demand concerns and rising U.S. inventories contributing.
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