NYSEARCA:PXJ

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$44.05
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At Close: Jun 12, 2026

Oil Rises on Possible Bargain Hunting

08:40pm, Wednesday, 19'th Nov 2025
Oil rose in the early Asian trade on possible bargain hunting.
Oil markets are down by 2% as traders focus on EIA data and geopolitical developments.
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Wednesday.
Crude oil inventories decreased last week by 3.4 million barrels as exports increased and refineries ran at a higher rate, said the EIA.
Crude oil slides sharply on Wednesday, trading well below $60 as both WTI and Brent struggle against persistent overhead pressure from the 50-day EMA. Markets appear focused on establishing a range ra
Crude oil holds a bullish bias as tight fuel markets and sanctions boost oil demand expectations, with the EIA report viewed as the catalyst for a 50-day MA breakout.
Oil inventories surge while geopolitical risks keep prices steady. Natural gas holds its uptrend as traders await key breakouts across WTI and Brent.
Oil prices fell on Wednesday as an industry report showing crude and fuel inventories rose last week in the U.S., the world's biggest crude consumer, reinforced mounting concerns that supply is exceed

Oil Falls Amid Risk-Off Sentiment

08:20pm, Tuesday, 18'th Nov 2025
Oil fell in the morning Asian session amid risk-off sentiment.
Crude oil consolidates in a bull flag just above the 61.8% Fibonacci, with the 20-day average turning higher and the falling 50-day converging on the flag's upper boundary near $61.30.
Oil prices are moving higher as traders focus on the impact of U.S. sanctions on Russia.
Global refining margins have hit multi-year highs in November due to sanctions on Russia, refinery outages and maintenance, according to LSEG data and analysts, and some see little respite without mor
Crude and Brent markets attempted a Tuesday recovery after early weakness, with both contracts turning higher from key psychological levels. Significant overhead resistance, lingering geopolitical noi
Crude oil futures struggle below key averages as Russian flows resume and China builds inventories, reinforcing a bearish oil outlook driven by surplus concerns.
WTI crude tests $59 support as traders eye a triangle breakout; natural gas slips below $4.40 with bearish momentum building across energy markets.
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