OIH Stock Recent News

Dan Pickering, Founder and CIO of Pickering Energy Partners, sees supply and demand concerns returning to the forefront of the oil market with the removal of geopolitical risk from the Israel-Iran ceasefire.

Oil prices edged higher on Wednesday, finding some respite after plummeting in the last two sessions, as investors assessed the stability of a ceasefire between Iran and Israel.

Decades of US oil (CL=F, BZ=F) drilling have turned the country into a major exporter, reducing reliance on Middle East imports. Yahoo Finance Washington Correspondent Ben Werschkul joins Market Domination to explain how fracking and increased production have given the US more economic leverage.

Investors naturally fear too much of a good thing, but animal spirits were on full display Tuesday across markets.

John Kilduff, Again Capital, joins 'Closing Bell Overtime' to talk the state of the oil market and why oil prices continue to sink.

S&P 500 advances to within 1% of a record high set in February.

Crude oil reversed sharply after reaching $78.44 to start the week, breaking key support levels, before testing the neckline of a double bottom near $65 on Tuesday.

Following a 10% downside move for crude oil so far this week, Vikas Dwivedi sees the downtrend continuing in the near-term. He sees lower risks out of the Middle East, but doesn't say it's over.

CSIS' Clay Seigle and DCLA's Sarat Sethi join 'Power Lunch' to discuss how tankers in the Persian Gulf will affect the oil complex, what energy investors should do and much more.

The surprising Israel – Iran truce put significant pressure on oil prices.