OIH Stock Recent News

Gnanasekar Thiagarajan, Co-founder & CEO of Commtrendz Research discusses the big drop in oil prices after Trump declares ceasefire between Israel and Iran and highlights that India remains relatively insulated to oil price shocks, thanks to its diversified supply and strategic reserves.

Arjun Murti, Veritan Partner, joins 'Closing Bell Overtime' to talk the recent moves in oil prices and what to expect moving into the second half of 2025.

Tanker operators in the Strait of Hormuz are facing higher shipping and insurance costs, despite a drop in oil prices, as investors wait to see what happens to the world's most important crude chokepoint after the U.S. bombing of Iran's nuclear sites.

Energy was the worst-performing sector of the S&P 500, which rose 1%. U.S. oil futures fell 7.2%.

There may have been more to Iran's telegraphed attack on a U.S. base in Qatar than meets the eye, strategists say.

The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits. Experts say that's a remote possibility.

Energy Secretary Chris Wright said Monday that he wasn't surprised that oil prices fell after Iran launched missiles at a U.S. air base in Qatar, adding, "I think we're in such a good position today."

Scott Bauer (@ProsperTradingAcademy) says "there's plenty of oil to go around" and is shocked by the downward move in crude oil prices during Monday's trading session. He believes investors should be very careful on the short position with crude oil because "things are not over" but he's unsure if a $100-$120 crude oil is possible.

Global oil prices slumped by 7% on Monday after Iran's response to U.S. attacks on its nuclear facilities did not cause any fatalities or major damage, much to the relief of global crude markets.

Crude oil prices dropped by 7% on hopes that the conflict would not immediately disrupt region's oil supplies