NYSEARCA:OIH

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$431.22
+0.770 (+0.179%)
At Close: Jun 03, 2026
A firm greenback tends to make dollar-denominated crude oil more expensive for foreign buyers.
Oil was little changed in early trade on Monday, as Russia's plans to deepen oil supply cuts continued to support prices, while increasing global inflation risks and rising crude inventories in the Un
Natural gas moved above the $2.50 level as the short squeeze continued.
The crude oil markets that I follow continue to show a lot of choppiness, and therefore it doesn't necessarily look like we are ready to go anywhere.
Crude oil markets have been slightly soft during the trading session on Friday, as we continue to just bounce around and look for some type of momentum.

Could Oil Prices Crash In The Fourth Quarter?

07:44am, Friday, 24'th Feb 2023
Expectations of a tight fourth quarter oil market ignore some supply-side upsides.
Oil futures edged higher Friday, finding support as investors weighed the outlook for supply from Russia as production cuts kick in, while also gauging the outlook for Chinese demand.
Moscow is planning to reduce production by half a million barrels a day next month in retaliation against sanctions imposed following its invasion of Ukraine a year ago.

U.S. oil futures mark first gain in 7 sessions

02:48pm, Thursday, 23'rd Feb 2023
U.S. oil futures prices on Thursday notched their first gain in seven sessions, finding support from a weekly decline in U.S. gasoline inventories even as crude supplies rose for a ninth straight week
Domestic oil production has started to grow as producers ignored recession worries.
Today's U.S. Energy Information Administration Weekly inventories report is expected to show a 2.9 million barrel rise in crude oil stockpiles.

Larry Kudlow: No one is talking about this

05:00pm, Wednesday, 22'nd Feb 2023
FOX Business host Larry Kudlow provides insight on U.S. oil production on 'Kudlow.'
Oil prices declined on Wednesday, with U.S. prices down a sixth session in a row. “There appears to be a growing sense that central bankers are not done tightening monetary policy, which could cut i
Natural gas prices rebounded from yearly lows as traders reacted to the partial restart of Freeport LNG.

Oil loses ground as investors await Fed minutes

08:28am, Wednesday, 22'nd Feb 2023
Oil futures fell Wednesday, with weakness tied in part to continued worries that rising interest rates could crimp demand for crude and fuel as investors await the minutes of the Federal Reserve's fir
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