NYSEARCA:PXJ

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$40.73
-0.407 (-0.99%)
At Close: Jun 18, 2026
Oil prices rebound as fresh U.S. strikes on Iran revive supply-risk concerns, while falling U.S. inventories and bullish WTI and Brent structures keep the broader trend supported.

Oil Jumps as Gulf Attacks Threaten Ceasefire

02:05am, Thursday, 28'th May 2026
Oil spiked after renewed attacks in the Persian Gulf and a fresh push by the US to hurt Iran with sanctions. The conflict in the Middle East has choked off vital energy flows, with millions of barrels
Former U.S. Energy Secretary Dan Brouillette assesses the economic strain Americans are experiencing under the closure of the Strait of Hormuz on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #n
Two supertankers and one liquefied natural gas (LNG) tanker exited the Strait of Hormuz earlier this week with their transponders switched off, and are ​heading for India and China, shipping data fr

Oil Gains on Possible Technical Correction

08:55pm, Wednesday, 27'th May 2026
Oil gained in early Asian trade on a possible technical correction after settling lower on Wednesday.

Review & Preview: Oil Retreats

07:55pm, Wednesday, 27'th May 2026
The Dow Jones Industrial Average and the Nasdaq Composite both closed at record highs on Wednesday.

Oil rebounds after US strikes Iran military site

07:34pm, Wednesday, 27'th May 2026
U.S. crude futures ​rose more ‌than $1 on Thursday to above $90 ​a barrel ​after the U.S. ⁠military carried out ​new strikes on ​an Iranian military site while peace ​talks between ​
Rubio wrapped a four-day India visit pushing American oil and gas exports as the Iran war disrupts global energy markets and New Delhi seeks to diversify its supply chains.
Spot gold prices are down and spot silver prices are sharply lower after the close Wednesday, as a sharp drop in crude oil and record U.S. equity closes reduced safe-haven demand tied to the Strait of

Oil Retreats on Hopes for Hormuz Opening

04:21pm, Wednesday, 27'th May 2026
Plus, SpaceX gets scrutiny and JPMorgan eyes deals.
Oil markets are under strong pressure as traders bet that U.S. and Iran will reach a deal.
Oil prices fell on Wednesday as traders eyed signs of progress in the latest round of talks between the U.S. and Iran.
Crude oil drops again early on Wednesday as hope for peace continues in the Middle East, with the latest headlines suggesting that the two sides are at least trying to find an exit.
Oil prices plunged to $89 a barrel Wednesday following reports that the proposed Iran-US peace deal would see the Strait of Hormuz being reopened in just one month.
"Crude oil futures are telling you there's some good news going on" amid the U.S.-Iran War, says Kevin Hincks. A dip below $90 a barrel and speculation that both countries are reaching a peace agreeme
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