NYSEARCA:PXJ

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$44.05
+0.81 (+1.87%)
At Close: Jun 12, 2026
Oil prices paused their run of gains on Wednesday, slipping ​after four days of increases, as Venezuela resumed exports, but fears of Iranian supply disruptions following ‌deadly civil unrest in t
Exxon Mobil is preparing to run Venezuelan crude oil at its Baton Rouge, Louisiana refinery, people familiar with plant operations said.
Oil futures edged lower in early Asian trade on a likely technical correction after the futures settled overnight at their highest level since late October.
Crude oil confirmed a bullish trend reversal after breaking multiple resistance levels, with strong momentum pointing toward higher targets near the 200-day average and clustered Fibonacci resistance.
China's purchases for its strategic reserve have kept the market from cratering.
Rising geopolitical tensions pushed oil prices to multi-week highs.
A Canadian tycoon who heads one of North America's fastest-growing oil companies is advocating for his country to lend its heavy oil expertise to the United States as it seeks to rebuild Venezuela's o
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to detail his latest buy in the energy sector.
Oil industry leaders warn that regulatory uncertainty from a Trump-led offshore wind moratorium could spill over and disrupt fossil fuel permitting, stalling investment across energy sectors.
The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per ​barrel since the U.S. ousted Venezuelan President Nicolas Maduro on January 3 and took control of the Sou
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 200 points on Tuesday.
Lower oil prices are expected to cut U.S. drilling activity and reduce output 1% this year from the top producing country, while potentially higher output from Venezuela could add pressure, the Energy
Ramping up oil production in Venezuela after years of industry neglect will take time and bring only limited short-term gains, the chief energy economist at the International Energy Agency said on Tue
Major US oil executives expressed caution to Donald Trump about reentering Venezuela, citing concerns about the country's stability and investment protections. Trump convened industry representatives
Venezuela oil exports reportedly resume as two supertankers carrying 1.8 million barrels each depart under Trump's new policy shift toward the country.
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