NYSEARCA:PXJ

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$44.05
+0.81 (+1.87%)
At Close: Jun 12, 2026
Crude oil weakens on Friday as both WTI and Brent face heavy overhead resistance, with supply concerns and ineffective sanctions capping rallies. Price action suggests a developing range, making short
WTI futures drop as demand fades, peace talks pressure supply expectations, and key support breaks, leaving the short-term crude oil outlook firmly bearish.
At the heart of the U.S. shale industry in Texas, oil production is climbing. But you wouldn't know that if you talked to Mark Waters, who owns a store that sells tools and safety equipment to oil fir
Oil prices and energy stocks fell sharply on Friday morning as the U.S. pushed for a Russia-Ukraine peace deal. Analysts, however, remain doubtful that the peace plan, which is thought to be favorable
Oil dips for a third session as peace hopes trim risk premiums, while natural gas holds its uptrend and WTI and Brent weaken under fading momentum.
Oil prices extended their decline for a third straight session on Friday as the U.S. pushed for a Russia-Ukraine peace deal that could bring more oil supplies onto the global market, while uncertainty

Oil Slips on Easing Geopolitical Tensions

09:08pm, Thursday, 20'th Nov 2025
Easing geopolitical tensions between Russia and Ukraine are weighing on prices, and any peace deal could have broader implications for the crude market, ANZ said.
The Department of Interior proposed 34 offshore oil lease sales through 2031. The Trump program would include lease sales in 21 areas off Alaska's coast, six off the Pacific coast and seven in the Gul
Crude oil carved another lower high ($60.22) and low ($58.72) Thursday, staying inside the developing bull flag while retesting $58.24–$58.94 support.

A Fearless New Oil Market Requires a Rethink

02:37pm, Thursday, 20'th Nov 2025
China and technology are changing the traditional logic of the global oil market, Antoine Halff writes in a guest commentary.
Oil traders focus on the peace plan for Russia and Ukraine, which is developed by the U.S.
Oil saw a mild Thursday rebound as both WTI and Brent hover near key resistance zones. With persistent oversupply concerns and uncertain demand, price action remains choppy, favoring short-term range
Geopolitical tensions and a surprise 3.4M-barrel EIA draw lift sentiment as natural gas and oil forecast trends tighten inside key technical ranges.
Oil prices drop amid speculation about a peace deal and concerns over oversupply risks, while natural gas gains momentum, with bullish chart patterns signaling a potential breakout.
Oil prices edged higher on Thursday, recovering from losses in the previous session, as markets assessed the latest U.S. proposals to end the war in Ukraine and prepared for a U.S. deadline to cease o
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