OIH Stock Recent News

Oil (CL=F, BZ=F) prices are decreasing, with Exxon Mobil (XOM) and Shell (SHEL) shares ticking down as they respectively cite narrowing refining margins and slowing natural gas (NG=F) sales. On Market Domination, Tortoise senior portfolio manager and managing director Rob Thummel discusses the valuation of top energy companies while addressing the mantra behind Republican leaders and President-elect Donald Trump's stance on US oil, better known as "Drill, baby, drill.

Mohamed El-Erian, Allianz chief economic advisor, joins 'Closing Bell Overtime' to talk the moves in oil, stocks, and yields.

David Zervos, Jefferies Chief Market Strategist and Bob Elliott, Unlimited CEO, joins 'Closing Bell Overtime' to talk the day's market action.

Oil prices rose Friday, touching prices last seen in the fall, as traders digested further U.S. sanctions on Russia.

Oil traders bet that new sanctions could disrupt supplies from Russia.

The crude oil market has launched higher on Friday as the jobs number in the United States shows just how hot the US economy is running. At this point in time, the markets are pulling back a little from the resistance that they tested.

Markets Slide as Wildfires, Earnings, and Oil Prices Dominate Headlines U.S. stocks were under pressure Friday as a mix of devastating wildfires in California, surging energy prices, corporate earnings surprises, and sector-specific losses weighed on markets. The Dow Jones Industrial Average fell 550 points, or 1.3%, while the S&P 500

BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) shares ticked up on Friday in line with a surge in oil prices on fears around new US sanctions against Russia.

Oil jumps more than 4%, Brent breaks $80 as traders worry about tougher Russia sanctions

Oil futures rose sharply early Friday, trading at their highest since October with support tied to cold weather in the U.S. and elsewhere and supply concerns.