OIH Stock Recent News

WTI crude oil consolidates below the 50-day SMA, while natural gas remains in a strong uptrend after finding support at $3.

U.S. crude futures declined more than $1 in early trade on Thursday after an unexpected build in U.S. crude oil inventories last week raised investor concerns about oversupply.

U.S. crude oil inventories posted an unexpected build last week, while product stocks fell amid higher demand, according to data from the U.S. Energy Information Administration

Oil markets pulled back as traders reacted to the EIA report.

Brazilian state-run oil company Petrobras is set to revise its five-year strategic plan due to lower Brent crude oil prices, Chief Executive Magda Chambriard told analysts during the firm's first-quarter earnings call on Tuesday.

WTI crude oil tests $62.93 resistance after a key breakout. Can the rally continue, or is a correction ahead?

Oil prices rose on Monday after both sides in U.S.-China trade talks over the weekend touted their progress, which lifted market sentiment that the world's two largest crude users may be moving toward a resolution of their trade dispute.

Natural gas futures rose on largely technical moves with weather-related demand steady as air conditioning use rises and late-season heating demand fades.

Oil prices were little changed early on Friday after rising more than 3% in the previous session, as trade tension between top oil consumers U.S. and China showed signs of easing and Britain announced a "breakthrough" trade deal with the United States.

The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was well timed.