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OIH tracks a market-cap-weighted index of 25 of the largest US-listed, publicly traded oil services companies.

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Crude oil prices rose after it was announced that Russia is suspending crude oil exports through the Druzhba pipeline, blaming a Ukrainian transporter for shutting it down.

Crude oil prices rise as Russia suspends exports to Europe through pipeline

Oil markets will move to higher levels in case a solution to payment problems is not found.

Oil Price Prediction – Ukraine Stops Russian Oil Transit Over Payment Problems

Crude oil markets initially fell a bit during the trading session on Tuesday but then turned around to show signs of life again.

Crude Oil Price Forecast – Crude Oil Markets Rally on Tuesday

Oil prices rise 1% Tuesday as Russian oil pipeline is halted to Eastern Europe.

Oil Prices Jump As Russian Oil Supplies Halted To Eastern Europe

Russia's imports from Western countries collapsed due to sanctions, and the country does not need dollars or euros that cannot be used to buy Western goods.

A Price Cap On Russian Oil May Lead To A Massive Rally

Oil futures turned higher Tuesday after news reports said Russia halted crude flows along the Druzhba pipeline toward Hungary, the Czech Republic and Slovakia.

Oil turns higher as Russia halts key pipeline flows

Reuters reported the European Union said it put forward a “final” text to revive the 2015 Iran nuclear deal

Oil Price Fundamental Daily Forecast – Nervous Longs Exit as Iran Nuclear Deal Worries Linger

Oil prices dipped in early trade on Tuesday on the latest progress in last-ditch talks to revive the 2015 Iran nuclear accord, which would clear the way to boost its crude exports in a tight market.

Oil retreats on chance of Iran supply boost

Oil futures ended higher Monday, with the U.S. benchmark extending a bounce off a six-month low as investors weighed prospects for demand amid mixed signals on the health of the economy. West Texas Intermediate crude for September delivery CL.1, +2.01% CL00, +2.01% CLU22, +2.01% rose $1.75, or 2%, to close at $90.76 a barrel on the New York Mercantile Exchange.

Oil extends bounce off 6-month low to end higher

"The market is going to tighten up very, very quickly," Amrita Sen said, noting the energy market would continue to be choked by supply problems.

The oil market is set to tighten rapidly as winter approaches and prices are still on track to top $120 a barrel, energy expert says

Rising demand for riskier assets and weaker dollar provide support to oil markets.

Oil Price Prediction – Oil Tries To Settle Above The $90 Level

Crude oil markets have gone back and forth during the trading session on Monday as we continue to hang around just below the $90 level in the WTI grade, and $95 in Brent.

Crude Oil Price Forecast – Crude Oil Markets Go Sideways In Choppy Monday Session

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Industry experts share their go-to strategies and tools for navigating an inflationary environment.

Investors' Guide to Tackling Inflation

The elimination of the “War Premium” is the best affirmation that demand worries are the key driver of the price action at this time.

Crude Oil Price Update – Worries Over Demand Dominating Supply Concerns

Oil futures fell Monday as worries over crude supply appeared to fade and demand worries remained in place, after both the U.S. and global benchmarks sank to their lowest since February last week.

Oil renews slide as supply fears fade, demand worries remain

"We forecast that US retail fuel prices will rally into year-end," Goldman Sachs analysts said, in unwelcome news for American drivers.

US gas prices will jump back to $4.35 soon because supplies are running low, Goldman Sachs says

ANZ revised down its oil demand forecasts for 2022 and 2023 by 300,000 bpd and 500,000 bpd, respectively.

Oil Price Fundamental Daily Forecast – Supported by China Export Jump, Russian Crude Price Recovery

Oil prices dropped on Monday, hovering near multi-month lows, as recession fears hurt demand outlook and data pointed to a slow recovery in China's crude imports last month.

Oil slides amid recession fears, slow recovery in China imports

Crude oil markets have fallen again during the trading week, as it looks like we are ready to go lower over the longer term.

Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Fall

Trader reaction to the long-term 50% level at $89.54 is likely to determine the direction of the Sept WTI crude oil market into the close on Friday.

Crude Oil Price Update – Rate Hike Worries Shaking Out Longs

Oil futures fell Friday, with the U.S. benchmark on track for a double-digit percentage loss for the week, as fears of a global economic slowdown mount.

Oil on track for 10% weekly tumble as recession fears mount

"This is something that needs to concern companies while it is something very pleasant for consumers," Citi strategist Ed Morse said.

As crude drops below $90 a barrel, investors should bet on a steep drop in the oil price, Citi strategist says

The fall in oil prices comes as a relief for consumers battling soaring inflation, but signals a decline in demand as recession fears loom.

Crude oil prices have tanked to their lowest levels since Russia's invasion of Ukraine

Oil prices have fallen sharply from their recent peaks, but there's still a case for buying oil stocks, according to Bill Smead of Smead Capital Management.

Energy prices have dipped, but oil stocks are still a buy, investor says

Oil prices continued their slide and should promote the peak inflation narrative, which seems sufficient enough to keep the markets supported for now.

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