NYSEARCA:PXJ

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$43.25
+1.36 (+3.25%)
At Close: Jun 08, 2026
Oil prices rise 2% on supply cuts and fresh sanctions. WTI and Brent forecast shows key resistance ahead amid growing geopolitical uncertainty.
Oil prices rose in early Asian trading on Friday, and were set for their second consecutive weekly gains, after fresh U.S. sanctions on Iran and a new OPEC+ plan for seven members to cut output raised
Oil rose in the early morning Asian session amid geopolitical tensions that boosted the risk of supply disruptions.
Oil prices climb above trendline resistance, signaling a possible reversal, with the next targets at $69.87 and $70.61 if momentum holds.
Oil markets are moving towards weekly highs.
A North Dakota jury ordered the environmental group to pay pipeline company Energy Transfer nearly $700 million in damages in the yearslong pipeline lawsuit. Photo: Brendan Smialowski/AFP/Getty Images
The energy sector (^GSPE) has outperformed the broader market (^GSPC) year to date from optimism around US President Donald Trump's second term. University of Houston energy fellow Ed Hirs tells Brad
OPEC+ on Thursday issued a new schedule for seven member nations including Russia, Kazakhstan and Iraq to make further oil output cuts to compensate for pumping above agreed levels.
U.S. Energy Secretary Chris Wright discusses President Trump's meeting with top U.S. oil executives and the Trump administration's plans to boost domestic energy production.
The crude oil market continues to see a lot of back and forth trading, as we are definitely in a range. At this point, the market is trying to affirm the idea of a massive support level just below whe
Energy Secretary Chris Wright told CNBC that oil prices have fallen as the market discounts President Donald Trump's push to increase production. But Trump's tariffs and a decision by OPEC+ to increas
American Petroleum Institute President and CEO Mike Sommers goes inside President Donald Trump's meeting with top oil executives, the need for U.S. energy dominance and the AI race with China. #FOXBus
President Donald Trump indicated he is open to extending Chevron's license to produce oil in Venezuela during a meeting with oil executives Wednesday, according to The Wall Street Journal. The Trump a
Oil futures were showing minor gains early Thursday, struggling to establish direction after getting a lift the previous session from data showing a fall in fuel inventories.
Oil prices edge higher but stay near $66.75 support. Strong U.S. demand and a weaker dollar provide support, while OPEC+ output and China's imports add risks.
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