NYSEARCA:PXJ

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$42.00
-1.00 (-2.33%)
At Close: Jun 16, 2026
Kuwait Oil Company is in talks with some U.S. firms including Devon Energy and EOG on potential cooperation to develop its shale oil and gas resources, its CEO said on Thursday.
Crude oil futures ease as diplomacy efforts cap gains, with inventory draws and OPEC production risks supporting the oil outlook in this market analysis.
Global oil benchmarks fall as geopolitical tensions ease.
Choppy and noisy behavior continues in this market, as the supply is strong in a lower demand environment – but one that is picking up slightly. Geopolitics continues to be a major factor as well.
ConocoPhillips missed Wall Street estimates for fourth-quarter profit on Thursday, as lower crude prices countered a rise in oil production and cost-saving efforts.
Shell CEO Wael Sawan says tax adjustments and weakness in its chemicals business hurt the oil major in the fourth quarter but that 2025 was a "very good year" for the company overall.
India's Reliance Industries has bought one very large crude carrier containing 2 million barrels of Venezuelan oil from trader Vitol at a discount of around $6.5-$7 per barrel to ICE Brent for April d
Indian Oil Corp (IOC), the country's top refiner, reported a more than four-fold jump in third-quarter profit on Thursday, boosted by stronger refining margins as crude prices dropped.
Dip buyers support WTI near $63 as inventories fall and trend support holds, with traders watching whether oil can regain momentum toward $66.
European energy majors are expected to confront some tough choices this earnings season, with lower oil prices seen putting shareholder returns at risk. In this article TTE-FR
Prices of commodities, from silver and gold to crude oil and copper, dived on Thursday, as global tensions eased after a telephone call between the leaders of China and the United States, which is als
Oil markets moved higher as geopolitical risk premium increased.
President Trump has threatened to launch military strikes on Iran if the Islamic Republic doesn't agree to a deal on its nuclear program.
Commercial crude oil stocks fell by 3.5 million barrels and were about 4% below the five-year average for the time of year, said the Energy Information Administration.
In a social media post, Trump said the call included discussions about his planned trip to China in April.
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